**Bitcoin and Major Cryptocurrencies Rally on Trump’s “Tariff Dividend” Proposal**
Bitcoin and other major cryptocurrencies extended gains Monday as traders digested U.S. President Donald Trump’s latest economic proposal: a $2,000 “tariff dividend” for every American, funded by import duties. The plan, unveiled on Truth Social, boosted risk appetite even as some questioned its feasibility and the potential inflationary fallout.
“A dividend of at least $2,000 a person (not including high income people!) will be paid to everyone,” Trump wrote, adding that those opposed to tariffs are “FOOLS!” The rhetoric comes as Washington’s fiscal debates heat up ahead of 2026 budget talks.
Treasury Secretary Scott Bessent said earlier this year that tariff revenues would be used to pay down the national debt, now nearing $38 trillion. However, Trump’s latest comments suggest a populist tilt toward direct cash transfers.
While the proposal is unlikely to materialize without congressional approval, markets interpreted it as a signal of possible fiscal looseness. The very idea of direct household payments—even as a hypothetical—revived the same risk-on reflex that drove digital asset rallies during the pandemic-era stimulus rounds.
**Crypto Market Reaction**
– **Bitcoin** (BTC) rose 4.6% over 24 hours to $106,440.
– **Ether** (ETH) gained 6.1% to $3,618.
– **XRP** led majors with an 8.5% daily jump to $2.48.
– **Solana** (SOL) added 6.1% to $167.96.
Overall, total crypto market capitalization climbed to about $3.5 trillion, with roughly $113 billion in 24-hour trading volume—a notably high figure for a Sunday.
**XRP’s Market-Beating Rally**
XRP’s surge followed Canary Capital’s filing of its third pre-effective S-1 amendment for the proposed Canary XRP ETF, poised to list on Nasdaq under the ticker XRPC. The trust would hold XRP in custody with Gemini and BitGo, benchmarked to the CoinDesk XRP CCIXber 60m New York Rate.
**Outlook**
Whether Trump’s “tariff dividend” becomes law or simply remains a campaign talking point, traders appear happy to front-run the liquidity narrative once again—fueling bets on risk assets amidst the latest bout of fiscal policy speculation.
https://bitcoinethereumnews.com/ethereum/whats-next-for-eth-xrp-ada-sol-as-trump-dangles-a-2k-tariff-dividend/
