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Crypto markets surge after Trump announces $2k tariff dividends to every American
The crypto market surged within hours of President Donald Trump's latest announcement, as per which every American will receive a tariff dividend of at least $2,000. The total crypto market cap has climbed to $3.5 trillion on Nov. 9, up 2.4% in the last 24 hours. Bitcoin (BTC) rose 2% to trade at $103,778.01, and Ethereum (ETH) gained 3.7% to $3,519.10. While XRP has jumped 2.4% in a day to trade at $2.31, SOL advanced 3% to $161.88. On Nov. 9, Trump wrote a long post on Truth Social that those against tariffs are "fools," as the U.S. is now the richest country in the world with "almost no inflation" and ... (full story)