BTC rose to virtually $104,000 minutes in the past.
Bitcoin’s value skilled one other uptick previously few hours because the asset tapped $104,000 for the third time previously week.
This one got here after a fairly fascinating promise by US President Donald Trump, who mentioned that many People, other than high-income individuals, would get a dividend of a minimum of $2,000 per particular person.
BREAKING: President Trump publicizes that he might be paying a “tariff dividend” of a minimum of $2,000 per particular person.
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 in opposition to quite a few nations that he imposed throughout his present presidential run. The US Supreme Court docket is presently listening to arguments on whether or not these tariffs are even authorized, whereas a number of consultants have spoken in opposition to them.
These dividends of a minimum of $2,000 reminded of comparable ‘free cash checks’ that many People obtained – the stimulus despatched in the course of 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 take a position whether or not these funds have been used to buy crypto, and lots of altcoins exploded shortly after, which intensified the rumors.
Curiously, BTC’s value, alongside most altcoins, spiked previously few hours after Trump made his bulletins, which introduced comparisons between the 2 occasions.
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For now, although, bitcoin jumped from underneath $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 go well with with a 19% pump.
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