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Stimmy Inbound: Will Trump Tariff Dividend Skyrocket Crypto in Q4?
Yahoo Financeยท 2025-10-04 18:39
Group 1 - The White House is considering rebate checks of $1,000 to $2,000 per person funded by tariff revenue, described by President Trump as a "dividend to the people" [1][5] - The proposal aims to link rebates directly to tariff proceeds, potentially providing relief against tariff costs and serving as a tool to reduce federal debt [3] - Revenue projections for the tariff rebates remain uncertain, with the administration yet to clarify how funds would be distributed [3] Group 2 - Bitcoin is trading near record highs, with US spot Bitcoin ETFs recording approximately $985 million in net inflows on October 3, led by BlackRock's IBIT [4][6] - The Federal Reserve's upcoming meeting on October 29 is anticipated to influence risk assets, with high odds of a rate cut already priced in [4] - If enacted, the proposed rebate checks could stimulate household expenditure and risk appetite, reminiscent of the "stimmy" payments from 2020-21 that coincided with increased crypto participation [2][6]