Share this article
What’s Next for ETH, XRP, ADA, SOL as Trump Dangles a $2K ‘Tariff Dividend’
The idea of direct household payments, even hypothetical, revived the same risk-on reflex that drove digital assets during the pandemic-era stimulus rounds.
Nov 10, 2025, 7:58 a.m.
What to know:
- Bitcoin and major cryptocurrencies rose as traders reacted to President Trump's proposal of a $2,000 "tariff dividend" for Americans, funded by import duties.
- The plan, announced on Truth Social, sparked debate over its feasibility and potential inflationary impact, while boosting market risk appetite.
- Despite skepticism about congressional approval, the proposal revived interest in digital assets, reminiscent of pandemic-era stimulus effects.
Bitcoin and major cryptocurrencies extended gains Monday as traders digested U.S. President Donald Trump’s latest economic proposal of 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 potential inflationary fallout.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
“A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,” the post said, adding that those opposed to tariffs are “FOOLS!” The rhetoric arrives as Washington’s fiscal debates reheat 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, which now stands near $38 trillion, though Trump’s latest comments suggest a populist tilt toward direct cash transfers.
While the proposal is unlikely to materialize without congressional approval, markets read it as a fresh injection of fiscal looseness. The idea of direct household payments, even hypothetical, revived the same risk-on reflex that drove digital assets during the pandemic-era stimulus rounds.
Bitcoin rose 4.6% over 24 hours to $106,440, while Ether gained 6.1% to $3,618, data from CoinGecko shows. XRP led majors with an 8.5% daily jump to $2.48, and Solana added 6.1% to $167.96.
Overall crypto market capitalization climbed to about $3.5 trillion, with roughly $113 billion in 24-hour volumes in an unusually high figure for Sunday trading.
XRP’s market-beating rally came on the heels of Canary Capital’s third pre-effective S-1 amendment for its proposed Canary XRP ETF, which would list on Nasdaq under the ticker XRPC.
The trust will hold XRP in custody with Gemini and BitGo, benchmarked to the CoinDesk XRP CCIXber 60m New York Rate.
Whether the “tariff dividend” becomes law or just another campaign talking point, traders appear happy to front-run the liquidity narrative once again.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Strive Starts $500M Preferred Stock "At-The-Money" Program for Bitcoin Purchases
The new preferred stock offering, SATA, strengthens Strive’s capital options as it expands its bitcoin focused strategy.
What to know:
- Strive announced a $500 million at-the-market offering to fund further bitcoin purchases.
- SATA, the company's preferred stock, offers a 12% dividend and trades below its $100 par value.
- Proceeds from the offering may also be used for buying income-generating assets or company acquisitions.
Top Stories
