Crypto Prices Rise as Trump Announces ‘At Least’ $2K Tariff Dividend Per American
Cryptocurrency prices nudged higher after U.S. President Donald Trump said a direct tariff dividend of “at least” $2,000 will be paid out to most Americans.
In a Truth Social post, Trump said the U.S. is generating “trillions of dollars” in tariffs and said the funds would both reduce the country’s $37 trillion national debt and finance the dividend.
“A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,” Trump wrote. The announcement helped cryptocurrency prices rise.
Bitcoin BTC$103,508.20 climbed 1.93% over the past 24 hours to trade above $103,000. Ether ETH$3,526.49 rose 4.75% to surpass $3,500, while solana SOL$162.78 gained 2.49% to top $160. The CoinDesk 20 (CD20) index rose more than 1.5%.
The modest rally comes amid a broader weekly slump that saw the CD20 index plunge nearly 15% before it started to recover. Bitcoin is still down 5.7% for the week, while ETH s down 7.5%.
Still, the reaction suggests traders may be pricing in the potential for higher consumer spending and crypto market inflows if and when these funds reach recipients.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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