Bitcoin soars past $105K after Trump’s $2,000 tariff payout promise ignites crypto rally
November 10, 2025 · 2:45 AM
President Trump's announcement of a $2,000 tariff-funded payout to most Americans led to a significant surge in the cryptocurrency market. Bitcoin soared to $105,000, while Ethereum rebounded above $3,600. This news sparked a brief rally in crypto, indicating a potential re-entry of institutional investors, as evidenced by increased ETF inflows.
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