Former President Donald Trump's proposal to issue $2,000 stimulus checks to most U.S. adults has introduced volatility in the cryptocurrency markets. The plan, which hinges on Congressional approval and would be funded by tariffs, echoes past stimulus measures that historically boosted crypto markets. However, the odds of implementation in 2025 have plummeted to 5% on Polymarket after Trump shifted the target to 2026, leading to a sharp decline in crypto prices.
Analysts highlight that liquidity from stimulus checks often flows into risk assets like cryptocurrencies. Despite this, the recent announcement has sparked a broader market sell-off, reflecting uncertainty over the plan's execution and its potential impact on the crypto sector.
Trump's $2,000 Stimulus Proposal Triggers Crypto Market Volatility
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