Trump\’s $2K Promise: Crypto\’s Wild Ride!

\n

\n\n

Okay, so here’s the deal…

\n\n

\n

    \n

  • Apparently, our former president has decided the best way to run a country is, and I quote, to just give people money. Funded by tariffs. Because, you know, economics. 🙄
  • \n

  • This led to a little… bounce in the crypto world. Bitcoin went up a bit, Ether tried to keep up, and Solana just… showed up.
  • \n

  • Also, everything was kinda down last week, so this is mostly just things not being quite as down. It’s progress, people! 🎉
  • \n

\n

\n\n

So, Donald Trump announced he’s planning on sending out a “dividend” – and I\’m putting that in italics because it feels… generous of him – of “at least” $2,000 to most Americans. It\’s funded by tariffs. Which, let\’s be real, are basically just taxes with extra steps and a stern tone.

\n\n

He posted this on Truth Social (naturally) claiming the US is rolling in tariff money, enough to fix the national debt and give us each a little spending cash. “A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,” he wrote. And apparently, the crypto market was like, “Ooh! Free money! I’m in!” It\’s like a dog spotting a dropped hot dog.

\n\n

Bitcoin climbed 1.93% (wow, a whole 1.93%!), Ether rose 4.75% (getting closer to… something!). Solana… managed a 2.49% increase. The CoinDesk 20 (CD20) index also joined the fun, rising over 1.5%. It’s the equivalent of a participation trophy for the stock market.✨

\n\n

But before you start planning your yacht purchase, remember this whole thing happened after the CD20 index took a tumble – like, almost 15% down. Bitcoin is also still down for the week. So, we’re basically just clawing our way out of a hole. A very sparkly, crypto-filled hole. 📉

\n\n

The thinking (and it\’s a very generous use of the word “thinking”) is that Trump\’s potential cash infusion will make people feel flush enough to… buy more crypto? Listen, I\’m just reporting what\’s happening. I did not write this plot line. 🤷\u200d♀️

\n


Trump’s $2K Promise: Crypto’s Wild Ride!

Okay, so here’s the deal…

  • Apparently, our former president has decided the best way to run a country is, and I quote, to just give people money. Funded by tariffs. Because, you know, economics. 🙄
  • This led to a little… bounce in the crypto world. Bitcoin went up a bit, Ether tried to keep up, and Solana just… showed up.
  • Also, everything was kinda down last week, so this is mostly just things not being quite as down. It’s progress, people! 🎉

So, Donald Trump announced he’s planning on sending out a “dividend” – and I’m putting that in italics because it feels… generous of him – of “at least” $2,000 to most Americans. It’s funded by tariffs. Which, let’s be real, are basically just taxes with extra steps and a stern tone.

He posted this on Truth Social (naturally) claiming the US is rolling in tariff money, enough to fix the national debt and give us each a little spending cash. “A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,” he wrote. And apparently, the crypto market was like, “Ooh! Free money! I’m in!” It’s like a dog spotting a dropped hot dog.

Bitcoin climbed 1.93% (wow, a whole 1.93%!), Ether rose 4.75% (getting closer to… something!). Solana… managed a 2.49% increase. The CoinDesk 20 (CD20) index also joined the fun, rising over 1.5%. It’s the equivalent of a participation trophy for the stock market.✨

But before you start planning your yacht purchase, remember this whole thing happened after the CD20 index took a tumble – like, almost 15% down. Bitcoin is also still down for the week. So, we’re basically just clawing our way out of a hole. A very sparkly, crypto-filled hole. 📉

The thinking (and it’s a very generous use of the word “thinking”) is that Trump’s potential cash infusion will make people feel flush enough to… buy more crypto? Listen, I’m just reporting what’s happening. I did not write this plot line. 🤷‍♀️

Read More

2025-11-09 17:44