BTC rose to nearly $104,000 minutes in the past.
Bitcoin’s value skilled one other uptick up to now few hours because the asset tapped $104,000 for the third time up to now week.
This one got here after a slightly attention-grabbing promise by US President Donald Trump, who mentioned that many Individuals, apart from high-income individuals, would get a dividend of at the very least $2,000 per individual.
BREAKING: President Trump proclaims that he will likely be paying a “tariff dividend” of at the very least $2,000 per individual.
Stimulus checks are formally again. pic.twitter.com/Dt4UgHVMrT
— The Kobeissi Letter (@KobeissiLetter) November 9, 2025
Trump’s promise got here after he defended the tariffs towards quite a few nations that he imposed throughout his present presidential run. The US Supreme Courtroom is at present hearing arguments on whether or not these tariffs are even authorized, whereas a number of specialists have spoken towards them.
These dividends of at the very least $2,000 reminded of comparable ‘free cash checks’ that many Individuals obtained – the stimulus despatched through the first days of the COVID-19 pandemic. On the time, when numerous companies needed to shut quickly and other people have been left with out jobs, the US authorities started sending checks of $1,200 to individuals.
The ever-vigilant and vocal crypto group began to invest whether or not these funds have been used to buy crypto, and lots of altcoins exploded shortly after, which intensified the rumors.
Apparently, BTC’s value, alongside most altcoins, spiked up to now few hours after Trump made his bulletins, which introduced comparisons between the 2 occasions.
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For now, although, bitcoin jumped from below $102,000 to $104,000 inside minutes, whereas ETH is up by greater than 4% and trades above $3,500. ZEC continues to outperform following one other 24% surge to $650. XMR follows swimsuit with a 19% pump.
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