Bitcoin surpasses $106.000 after the announcement of a tariff dividend in the US, boosting altcoins and reviving retail interest in crypto assets.
This Monday, Bitcoin recovered ground and once again surpassed the $106.000 mark, breaking a two-week streak of correction that had maintained some uncertainty in the crypto market.
Other cryptocurrencies such as XRP, Stellar (XLM), and Hedera Hashgraph (HBAR) followed Bitcoin's lead, posting double-digit gains. Meanwhile, the decentralized finance (DeFi) sector began to show clear signs of recovery, renewing the interest of investors and analysts.
The driving force behind the recent crypto market rally had a strong political component. The president Donald Trump announced a $2.000 tariff dividend for US citizensThis measure fueled expectations of a significant increase in liquidity available for consumer spending and retail investment. Thus, although Treasury Secretary Scott Bessent offered a more cautious interpretation of the magnitude and scope of this economic aid, the news sparked a palpable optimismespecially in market segments most sensitive to direct stimuli.
BTC surpasses $106K. Trade today on Bit2Me.The crypto market is experiencing a technical rebound with a political backdrop.
Bitcoin stabilized above the $100.000 level after hitting a technical low of $99.300 during the first week of November. Monday's upward movement, which took the price to... $106.500This coincided with Trump's announcement regarding the tariff dividend for Americans. On social media, the proposal was interpreted as a direct stimulus similar to that of the COVID era, which revived the appetite for risk assets, especially among retail investors.
Source: Coingecko
However, the initial euphoria has been tempered by statements from Treasury Secretary Scott Bessent, who clarified that the dividend announced by the president could materialize in the form of tax cuts, not necessarily direct payments. Among the measures mentioned are the elimination of taxes on tips, overtime, and auto loans. While these initiatives could benefit consumers in the medium term, their immediate impact on the market is less significant than that of direct transfers.
Even so, despite these statementsBitcoin and the crypto market have reacted strongly. Bitcoin rose 4% in 24 hours, while Ethereum gained 6,5%, trading around $3.600. Bitcoin dominance fell to 59,1%, a sign that altcoins are gaining more attention. CoinMarketCap's "altcoin season" indicator rose from 23 to 34, reflecting a broader recovery in the crypto ecosystem.
BTC reacts to fiscal stimulus: click hereAltcoins and DeFi show signs of recovery
In addition to Bitcoin, other cryptocurrencies such as XRP, XLM, and HBAR saw gains exceeding 10% in the last 24 hours. Even the WLFI token, linked to Trump, rose by 26%, reflecting the direct impact of Trump's political rhetoric on digital markets.
Source: CoinGecko
In the decentralized finance (DeFi) sector, the total value locked (TVL) in protocols increased to $136.000 billion, according to data Recent data from DeFiLlama shows that Starknet Bridge and Suilend led the growth with inflows exceeding 20%. While some of the increase can be attributed to asset appreciation, the performance of tokens like SUI—which only rose 7%—suggests that investors are depositing capital to generate returns, demonstrating renewed confidence in the sector.
TVL in DeFi rises: trade DeFi tokens hereThe crypto market between expectations and the macroeconomic context
Renewed interest in potential fiscal stimulus in the United States has drawn comparisons to the wave of optimism generated by direct payments during the 2021 pandemic, when cryptocurrencies experienced one of their most bullish periods. However, the current situation is very different. Interest rates are near 4%, and inflation is still above the Federal Reserve's 2% target, limiting the scope for implementing expansionary economic policies and reducing the likelihood of a sustained rally similar to the one seen four years ago.
Furthermore, indirect fiscal measures, such as tax cuts, tend to have a more gradual effect, without generating the immediate boost that direct cash injections provided. This suggests that the market may be reacting more to history than to concrete events.
But despite all this, Bitcoin's recent technical rally and the recovery in altcoin values show how investors, especially retail investors, remain highly sensitive to any indication of increased liquidity in the economy.
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