The Trump administration's recent hints at sending stimulus payments to American taxpayers, funded by tariff revenues, are stirring excitement among analysts about a possible surge in cryptocurrency prices, thanks to the anticipated flood of new money into the economy. During a Thursday interview on One America News Network, President Donald Trump revealed that while the majority of tariff proceeds would go toward slashing the national debt, a slice could be redistributed directly to citizens. He floated the idea of $1,000 to $2,000 checks per person, projecting that a fully ramped-up tariff system might rake in "over $1 trillion a year." Although details are still pending confirmation, experts at the cryptocurrency platform Bitfinex see the buzz alone as a catalyst for Bitcoin's ascent. Speaking to Forbes, they noted: "We suspect that Trump’s announcement of potentially considering a stimulus check for every citizen, funded by tariffs, could also contribute...
The Trump administration's recent hints at sending stimulus payments to American taxpayers, funded by tariff revenues, are stirring excitement among analysts about a possible surge in cryptocurrency prices, thanks to the anticipated flood of new money into the economy.
During a Thursday interview on One America News Network, President Donald Trump revealed that while the majority of tariff proceeds would go toward slashing the national debt, a slice could be redistributed directly to citizens. He floated the idea of $1,000 to $2,000 checks per person, projecting that a fully ramped-up tariff system might rake in "over $1 trillion a year."
Although details are still pending confirmation, experts at the cryptocurrency platform Bitfinex see the buzz alone as a catalyst for Bitcoin's ascent. Speaking to Forbes, they noted:
"We suspect that Trump’s announcement of potentially considering a stimulus check for every citizen, funded by tariffs, could also contribute to a further rise in bitcoin’s price."
The analysts likened it to the post-COVID stimulus era, saying: "This could mirror what we witnessed following the COVID stimulus checks."
Peter Zimmerman, an economist at the Federal Reserve Bank of Cleveland, analyzed the earlier round of payments and found they had a subtle influence on Bitcoin—spiking trading volume by about 3.8% and nudging prices up by a mere 0.07%.
That said, the crypto ecosystem has matured significantly since then, with a boom in Bitcoin-tied financial products that could supercharge any fresh liquidity. As Bitcoin cements its role as a go-to asset for everyday investors, this stimulus could draw in crowds who skipped it last time around.
Fresh off smashing through the $126,000 barrier—braving a federal government shutdown in the process—Bitcoin is increasingly viewed as a reliable refuge amid uncertainty. Bolstered by hefty institutional buying and unbroken positive trends, the rally looks far from over.
Reference : cryptonews.net
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