Trump's $2000 Tariff Dividend Announcement Lifts Crypto Prices

2025-11-10 00:16

Cryptocurrency prices experienced a modest uptick following former U.S. President Donald Trump's announcement of a $2000 tariff dividend for most Americans. Trump revealed on Truth Social that the U.S. is collecting trillions in tariffs, which will help reduce the $37 trillion national debt and fund the dividend. In response, Bitcoin (BTC) rose 1.93% to over $103,000, Ethereum (ETH) climbed 4.75% to above $3,500, and Solana (SOL) increased 2.49% to over $160. The CoinDesk 20 (CD20) index also gained more than 1.5%. Despite this positive movement, the market remains down for the week, with the CD20 index nearly 15% lower and Bitcoin and Ethereum down 5.7% and 7.5%, respectively.

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