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Trump's $5,000 dividend promise could boost Bitcoin, Ethereum, and XRP if Republicans win midterms.

Market News
10 Sep 2026
Coingape
View Source
Bullish
Trump's $5,000 dividend promise could boost Bitcoin, Ethereum, and XRP if Republicans win midterms.

US President Donald Trump promised a $5,000 dividend to every adult American if Republicans win both the House and Senate in the upcoming midterm elections. This stimulus could trigger a rally in cryptocurrencies like Bitcoin, Ethereum, and XRP, similar to past liquidity-driven price surges. The plan, dubbed the "Trump dividend," aims to boost consumer spending and economic activity, but it requires Congressional approval and funding details remain unclear. Investors are watching closely as such a large capital injection could significantly impact crypto markets.

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Bitcoin rebounds near $84,500 as crypto market cap rises to $2.9T amid easing inflation fears.

Bitcoin rebounds near $84,500 as crypto market cap rises to $2.9T amid easing inflation fears.

Bitcoin traded near $84,500, up 2.5% in 24 hours, recovering from a mid-October dip below $80,000. The total crypto market cap rose 2.2% to $2.9 trillion, with XRP and Zcash showing strong gains. Inflation concerns eased slightly as Brent crude and U...

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Technical Signals
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Monero (XMR) drops 5.1% to $576 as Zcash and Bitcoin gain in 24-hour market shift

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Monero (XMR) fell 5.1% to $576, retreating from a recent high of $627, while Zcash (ZEC) rose 9.8% and Bitcoin (BTC) gained 0.9% over the same 24-hour period. The drop in Monero followed increased open interest in its derivatives, which could trigger...

Market News
Neutral
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Bitcoin price tops $84K, wiping out $188M in crypto shorts in a sharp short squeeze.

Bitcoin price tops $84K, wiping out $188M in crypto shorts in a sharp short squeeze.

Bitcoin surged past $84,000 on October 21, 2026, triggering a massive short squeeze that liquidated $188 million in bearish crypto positions, mostly on Binance. Over 71,000 traders were forced out of leveraged bets as Bitcoin approached $84,700, push...

Market News
Bullish
6 hours ago
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