Trump's $5,000 Checks Could Funnel Billions Into Bitcoin and Crypto, Analyst Says
- —Trump promises $5,000 to every adult US citizen if Republicans win in November
- —Program cost estimated at $1.2–1.3 trillion, down from an initial $1.7 trillion
- —Crypto Rover: 5–10% of the payouts could bring $60–130 billion into crypto
- —Some Republicans oppose the plan over deficit and inflation concerns
Why it matters: Approval of the payouts could inject fresh liquidity into BTC and altcoins, but political and fiscal hurdles make the scenario far from certain.
Source: CryptoPotato