Today in crypto, Trump announces a possible $2,000 tariff “dividend” for Americans, Robert Kiyosaki predicts Bitcoin will hit $250,000 and gold $27,000 by 2026. Meanwhile, a crypto analyst reflects on the approach of altcoin season.
Trump announces possible $2,000 tariff “dividend”
US President Donald Trump announced on Sunday that most Americans receive a $2,000 “dividend” revenues collected through tariffs, which are currently under legal review by the U.S. Supreme Court.
Trump argued that the executive branch has the right to impose tariffs on other countries and launched a possible dividend from a social truth perspective. job:
“We are taking in trillions of dollars and will soon begin paying off our enormous debt – $37 trillion. Record investment in the United States, factories and factories rising everywhere. A dividend of at least $2,000 per person, not including high-income earners, will be paid to everyone.”
Several market analysts hailed the move as positive for cryptocurrency prices, as economic stimulus and capital injections tend to flow into asset markets, but others warned of the payments’ long-term negative impact on the U.S. dollar and consumer purchasing power.
Robert Kiyosaki says he’s buying and targeting $250,000 worth of Bitcoin and $27,000 worth of gold
Rich Dad, Poor Dad, author Robert Kiyosaki doubled its bullish outlook for hard assets, saying it is buying more gold, silver, Bitcoin and Ethereum even as markets brace for a potential crash.
In a post shared on
“Crash Coming: Why I Buy, Not Sell,” he wrote, setting ambitious goals of $27,000 for gold, $100 for silver, and $250,000 for Bitcoin (BTC) by 2026.
Kiyosaki said his projection for gold came from economist Jim Rickards, while his $250,000 Bitcoin target fits with his long-held view of BTC as a hedge against Federal Reserve “fake money.”
Altcoin Season Signals Hide in “Several Weeks” of BTC Bearish Dominance: Analyst
Bitcoin’s Recent Volatility dominance could be a signal This altcoin season is approaching sooner than many traders expected, according to a crypto analyst.
“The reason you should have confidence in the altcoin’s price action is because the BTC dominance chart has looked bearish for many weeks,” said crypto analyst Matthew Hyland. said in an X post on Friday.
“The downtrend is favorable for continuation; therefore, this relief rally has been a dead cat bounce in a downtrend,” Hyland said. In a separate video on Saturday, Hyland said that the recent volatility in the price of Bitcoin may have been orchestrated by the giants of traditional finance.
“Over the last month, I’ve kind of maintained the idea that a lot of this is really just manipulation, basically for Wall Street to move in,” he asserted.
