Trump announces at least $2,000 tariff dividends for Americans, triggering a surge in cryptocurrency prices
ChainCatcher reported that after U.S. President Trump announced plans to pay a tariff dividend of "at least" $2,000 to most Americans, cryptocurrency prices saw a moderate increase.
BTC rose about 1.75% in the past 24 hours, surpassing $103,000; ETH increased by approximately 3.32%, rising above $3,487. This uptick occurred after a generally weak week in the market, with the CoinDesk 20 Index also recovering from a nearly 15% weekly decline. However, experts pointed out that the payment plan requires Congressional approval to be implemented, and current tariff revenues are far below the funds needed for such payments.
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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