Bitcoin News

Story: Hold Your Horses, BTC Bulls: Bessent Says Trump’s Tariff ‘Dividend’ Could Be Tax Cuts

By Maheen Hernandez

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The Announcement That Stirred the Market. On Sunday, social media platforms like X (formerly Twitter) and Truth Social lit up with…

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Bessent Clarifies: No Direct Checks, Only Tax Cuts. In an interview with ABC’s This Week, Treasury Secretary Scott Bessent tempered market enthusiasm,…

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Direct Checks vs. Tax Cuts: Why It Matters for Crypto. Historically, direct stimulus checks have had an immediate, visible effect on risk assets like…

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Bitcoin Whales Stay Alert as Markets Adjust. While retail traders may have been quick to celebrate Trump’s “dividend” promise, Bitcoin whales —…

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Economic Context: Not 2021 Anymore. Drawing parallels between Trump’s proposed dividend and the 2021 stimulus checks is tempting, but…

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What Happens Next for Bitcoin and the Market?. Market analysts now see two possible paths forward:

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Conclusion: Tempered Optimism Amid Fiscal Ambiguity. Bessent’s clarification may have poured cold water on initial euphoria, but it also highlights the…

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The weekend optimism that swept across the cryptocurrency market may have been premature. What began as a wave of bullish excitement following President Donald Trump’s…

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That clarification has shifted the tone of the conversation from euphoria to realism, especially among Bitcoin whales and market analysts assessing the long-term impact of the…

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On Sunday, social media platforms like X (formerly Twitter) and Truth Social lit up with excitement after Trump revealed his plan for a tariff dividend.

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The market quickly responded. Bitcoin climbed from roughly $103,000 to $105,000, and during Monday’s Asian trading hours, it briefly touched $106,500.

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However, by mid-morning, the rally began to lose steam.

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In an interview with ABC’s This Week, Treasury Secretary Scott Bessent tempered market enthusiasm, explaining that the tariff dividend may be distributed in indirect forms,…

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“The $2,000 dividend could come in lots of forms,” Bessent said. “It could be just the tax decreases that we are seeing on the president’s agenda — no tax on tips, no tax on…

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These comments marked a clear shift from expectations of immediate cash infusions to gradual fiscal benefits, signaling that the impact on both consumer spending and crypto…

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