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.
The cryptocurrency market saw widespread declines, with 78 of the 90 largest cryptocurrencies dropping in value over the past 24 hours. MemeCore led losses, falling 14.56% to $0.816, followed by LayerZero and Starknet, which dropped over 13%. Meanwhi...
Bitcoin dominated token activity with the highest inflows of $111.97 million and outflows of $31.16 million over a recent five-hour period. Ethereum and XRP followed with inflows of $66.17 million and $12.49 million respectively. Stablecoins like USD...
Bitcoin prices fell to $81,000 on October 12 and briefly bounced back to $83,300, but bearish net taker volume suggests further declines may be ahead. The 30-day moving average shows net selling dominating October, explaining last week's drop from $8...
A technical analysis projects Bitcoin could reach between $160,000 and $180,000 by early September 2029, potentially more than doubling from its current price around $83,280. This forecast is based on historical cycle peaks and a rising trendline dat...
Bitcoin dropped about 7% last week, falling from around $87,000 to near $83,000, pressured by weak altcoins, $65.4 million outflows from US spot Bitcoin ETFs, and rising Treasury yields. Major altcoins like Solana, Dogecoin, and Ether also saw signif...
