The crypto market rallied sharply after President Donald Trump announced a massive $2,000 “tariffs dividend” for Americans. The measure, expected to total more than $400 billion, will distribute direct payments funded by U.S. tariff revenues.
The announcement generated an immediate reaction from digital assets. The Bitcoin price rose to more than $104,700 and Ethereum was up by over 5%. Also Solana and XRP recorded decent gains. They were up by 3.6% and almost 4% respectively.
The intended move suggests the start of a new liquidity wave similar to previous stimulus cycles. The U.S. president made the declaration in a Truth Social post, saying the U.S. economy was “the richest and most respected in the world.”
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