Crypto Markets Gear Up as Trump’s Stimulus Check Could Spark a New Rally

Jakarta, Pintu News – Trump’s recent announcement of a new stimulus has sparked a positive reaction in the cryptocurrency market. Bitcoin (BTC) price surged past $103,000 again, Ethereum (ETH) rose above $3,500, and Solana (SOL) traded above $160. The CoinDesk 20 Index also saw a rise of more than 1.5%.

Crypto Market Reaction: Sudden Price Spike

Trump’s announcement of a new stimulus plan has had an immediate impact on the crypto market, which was previously in decline.

Within hours, the price of Bitcoin (BTC) broke through the $103,000 mark, while Ethereum (ETH) was not far behind with a rise that reached $3,500. Solana (SOL), a newer cryptocurrency, also showed a significant increase with its trading price surpassing $160.

The CoinDesk 20 Index, which measures the performance of the top twenty cryptocurrencies, also saw a rise of 1.5%. This shows that the effects of the announcement were not just limited to a few major cryptocurrencies, but had a widespread impact on the entire industry.

Also read: XRP Gearing Up for a Big Week, Canary Capital ETF Officially Launches November 13!

Stimulus ala COVID-19 Era?

Trump’s proposed stimulus plan is often compared to the stimulus provided during the COVID-19 era. When the stimulus was provided in 2020 and 2021, there was a significant surge in spending and most of the funds flowed into cryptocurrencies. Bitcoin (BTC) at the time increased more than twenty-fold from its lowest value, while Ethereum (ETH) jumped nearly fifty-fold.

The increase was not only in large cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), but also in smaller altcoins that saw even more dramatic gains. This suggests that a similar stimulus that might be given again could trigger a new wave in crypto investment.

Read also: 3 Altcoins that are Ready to Bullish After US Shutdown

Possible Stimulus Realization

While the plan has been announced via social media, there are still many stages to go through before it becomes a reality. The process involves formal approval from Congress, which includes drafting legislation, securing votes in both chambers, and overcoming political disputes. Currently, no legislation has moved forward to make the plan a reality.

These constraints suggest that while there is great potential for a positive influence on the crypto market, there is still considerable uncertainty as to whether this stimulus will actually be distributed to the American public. Investors and market watchers should remain vigilant and follow further developments.

Conclusion

Trump’s stimulus announcement has brought a breath of fresh air to the struggling crypto market. While there are still many uncertainties, the potential positive impact of this stimulus cannot be ignored. Crypto market participants and investors may need to prepare themselves for a possible new wave in the crypto market that could occur if this stimulus is actually realized.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coinpedia. Trump Stimulus Check Could Trigger New Crypto Bull Run. Accessed on November 11, 2025
• Featured Image: India Today