Trump’s $5K Proposal Could Ignite an ‘Insane’ Altcoin Season: Analyst

President Donald Trump has proposed a $5,000 “dividend” payment to every adult US citizen if Republicans hold Congress after the midterm elections.

Crypto traders picked up on it almost instantly, with at least one well-followed account framing the idea as the kind of liquidity shock that helped kick off the last major bull run.

Trump’s $5,000 Proposal Draws Crypto Attention The president’s proposal would apply to roughly 245 million US citizens aged 18 and above, putting the estimated cost at about $1.2 trillion.

The last time a stimulus of this magnitude was deployed was during the pandemic, when close to $4 trillion in fiscal support went out during lockdown.