Cryptocurrency prices rose after US President Donald Trump said a direct tariff dividend of “at least” $2,000 will be paid to most Americans.
In a Truth Social post, Trump said the United States is generating “trillions of dollars” in tariffs and said the funds would reduce the country’s $37 trillion national debt and finance tthe dividend.
“Everyone will be paid a dividend of at least $2,000 per person (not including high-income earners!),” Trump wrote. The announcement helped cryptocurrency prices rise.
bitcoin rose 1.93% in the last 24 hours to trade above $103,000. Ether rose 4.75% to exceed $3,500, while solana It gained 2.49% to exceed $160. The CoinDesk 20 Index (CD20) rose more than 1.5%.
The modest rally comes amid a broader weekly decline that saw the CD20 index drop nearly 15% before beginning to recover. Bitcoin is still down 5.7% for the week, while ETH is down 7.5%.
Still, the reaction suggests that traders may be pricing in the potential for increased consumer spending and inflows into the cryptocurrency market whenever these funds reach recipients.
