{"id":274069,"date":"2025-11-10T11:21:16","date_gmt":"2025-11-10T11:21:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/274069\/"},"modified":"2025-11-10T11:21:16","modified_gmt":"2025-11-10T11:21:16","slug":"buckle-up-crypto-braced-for-stimulus-check-price-shock-as-trump-suddenly-sends-bitcoin-higher","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/274069\/","title":{"rendered":"\u2018Buckle Up\u2019\u2014Crypto Braced For \u2018Stimulus Check\u2019 Price Shock As Trump Suddenly Sends Bitcoin Higher"},"content":{"rendered":"

Bitcoin has surged higher following its 20% plummet from its all-time high to under $100,000 (helped by Wall Street giant JPMorgan revealing a major bitcoin bet<\/a>).<\/p>\n

Sign up now for CryptoCodex<\/a>\u2014A free crypto newsletter that will get you ahead of the market<\/p>\n

The bitcoin price has climbed to around $105,000 despite a nightmare scenario for the bitcoin price suddenly starting to come true<\/a> that could spell disaster for the stock market<\/a>.<\/p>\n

Bitcoin\u2019s rally comes as U.S. president Donald Trump promises a \u201ctariff dividend\u201d of at least $2,000 per person that\u2019s been described as a \u201cstimulus check\u201d\u2014something that helped power the Covid-era bitcoin boom<\/a>.<\/p>\n

Sign up now for the free CryptoCodex<\/a>\u2014A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run<\/p>\n

ForbesJPMorgan Reveals Huge Bitcoin Bet As It Predicts A $3.5 Trillion Price BoomBy Billy Bambrough<\/a>\"Donald<\/p>\n

U.S. president Donald Trump has confirmed the government will be sending $2,000 stimulus checks\u2014something that could help drive the bitcoin price higher.<\/p>\n

Getty Images<\/p>\n

“A dividend of at least $2,000 a person (not including high income people!) will be paid to everyone,” Trump posted<\/a> to his Truth Social account, adding those against his controversial trade tariffs are \u201cfools\u201d and the U.S. is are taking in \u201ctrillions of dollars and will soon begin paying down our enormous\u201d $37 trillion debt.<\/p>\n

The prospect of the U.S. government returning to sending payments directly to people has sparked speculation it could boost the bitcoin price and crypto market in the same way the Covid-era stimulus checks did.<\/p>\n

“Crypto surges after President Trump announces $2,000 tariff “dividends” to be paid out to Americans,” analysts with the The Kobeissi Letter posted<\/a> to X alongside a screenshot of bitcoin and crypto prices rising. \u201cRate cuts + record highs + AI + stimulus checks. Buckle up.\u201d<\/p>\n

\u201c\u2018Like\u2019 if you\u2019ll be buying bitcoin with your $2,000 Trump tariff stimulus,\u201d Pete Rizzo, the former editor of Coindesk and a self proclaimed \u201cbitcoin historian,\u201d posted<\/a> to X, adding: “Free bitcoin. It\u2019s coming.”<\/p>\n

\u201cLast time this happened, it started the 2021 crypto bull run where bitcoin pumped from $3,800 to $69,000,\u201d another crypto influencer posted<\/a> to X.<\/p>\n

Sign up now for CryptoCodex<\/a>\u2014A free crypto newsletter that will get you ahead of the market<\/p>\n

Forbes\u2018This Is Crazy\u2019\u2014Elon Musk Issues Serious $38 Trillion U.S. \u2018Bankruptcy\u2019 Warning Amid Growing Bitcoin Price Crash FearsBy Billy Bambrough<\/a><\/p>\n

The bitcoin price has surged under the second Trump administration, though the bitcoin price has dropped back from recent highs since early October.<\/p>\n

Forbes Digital Assets<\/p>\n

Trump\u2019s confirmation of the tariff dividend comes after he floated the idea of giving out checks of up to $2,000 in rebates derived from the revenues his tariff agenda has generated in early October.<\/p>\n

“We\u2019re thinking maybe $1,000 to $2,000, it would be great,” Trump told<\/a> One America News Network, adding his “number one” priority is \u201cpaying down debt, because people have allowed the debt to go crazy.”<\/p>\n

The U.S. debt pile has surged to almost $38 trillion this year, as a combination of huge Covid-era spending and higher interest rates contribute to what some fear could become a “crisis” for the U.S. dollar<\/a>.<\/p>\n

Trump\u2019s global trade tariffs, which are facing legal challenges, earned the U.S. around $150 billion in the fiscal year that ended in September, according to Treasury Department data.<\/p>\n

However, Trump said he expects tariffs to bring in over $1 trillion every year.<\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin has surged higher following its 20% plummet from its all-time high to under $100,000 (helped by Wall…\n","protected":false},"author":2,"featured_media":274070,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3571,37768,37770,1376,43,44,125543,41,39,42,40,3277],"class_list":["post-274069","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-bitcoin","tag-bitcoin-price","tag-crypto","tag-donald-trump","tag-headlines","tag-news","tag-stimulus-check","tag-top-news","tag-top-stories","tag-topnews","tag-topstories","tag-trump"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/274069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=274069"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/274069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/274070"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=274069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=274069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=274069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}