[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"news-aggregator-trump-doubles-down-on-his-doll701a103f2-1b37-7379-8840-c07d680ee42b":3},{"id":4,"timestamp":5,"title":6,"content":7,"link":8,"preview":9,"tags":10,"predictedTags":11,"showTags":12,"source":13,"reactions":14,"selfReactions":15,"logo":16,"sourceId":17,"sourceUserId":9,"asset":18,"tagsCategories":19,"totalComments":20,"lang":21,"unique_views_count":22,"enrichStatus":23,"triageKind":9,"triageImportance":9,"expandEligible":9,"summarizeEligible":9,"eventEligible":9,"eventType":9,"eventAction":9},"trump-doubles-down-on-his-doll701a103f2-1b37-7379-8840-c07d680ee42b","1791064490000","Trump Doubles Down on His $5,000 Midterm Promise. Will Bitcoin Swing?","\u003Cp>President Trump has once again reassured that every American will receive $5,000 as a “Trump Dividend” if Republicans win the November midterms. \u003C/p>\u003Cp>\u003Ca href=\"https://beincrypto.com/trump-5000-midterm-payout-bitcoin-crypto/\">Past stimulus-style payments\u003C/a> have notably benefited crypto markets and Bitcoin’s price. So, could a republican win actually be bullish for Bitcoin’s price?\u003C/p>\u003Cdiv>\u003Cp>If Republicans win the House of Representatives and the Senate in the 2026 Midterm Elections, I’m going to give all adult citizens in the United States of America, $5,000! Thank you for your attention to this matter, and I look forward to signing those checks! \u003Ca href=\"https://t.co/YOkESiUBrc\">pic.twitter.com/YOkESiUBrc\u003C/a>\u003C/p>— Donald J. Trump (@realDonaldTrump) \u003Ca href=\"https://x.com/realDonaldTrump/status/2106395048015282265?ref_src=twsrc%5Etfw\">October 3, 2026\u003C/a>\u003C/div>What Is the Trump Dividend, and Could It Lift Bitcoin?\u003Cp>The Trump Dividend \u003Ca href=\"https://beincrypto.com/trump-5000-payout-approval-rating-low/\" target=\"_blank\">proposes a $5,000 payment\u003C/a> to roughly 240 to 250 million eligible adults, contingent on a full Republican sweep of Congress.\u003C/p>\u003Cp>\u003Ca href=\"https://www.crfb.org/blogs/5000-dividends-would-cost-12-trillion\" target=\"_blank\">The total cost would exceed $1.2 trillion\u003C/a>, far surpassing combined COVID-era payments, which topped out near $3,200 per adult across multiple rounds. \u003C/p>\u003Cp>Cleveland Fed research \u003Ca href=\"https://www.clevelandfed.org/publications/working-paper/wp-2113-impact-of-covid19-stimulus-checks-on-retail-trading-in-bitcoin\" target=\"_blank\">found\u003C/a> those earlier $1,200 checks drove only a 3.8% rise in Bitcoin buy volume and a 0.7% price increase, with just 0.02% of the funds flowing into BTC.\u003C/p>\u003Cp>Even so, BeInCrypto has pointed to real upside potential. Bitcoin buying rose after both the Trump- and Biden-era stimulus rounds, showing measurable, if modest, crypto inflows each time.\u003C/p>\u003Cp>Investor Anthony Pompliano has \u003Ca href=\"https://pomp.substack.com/p/bitcoin-gold-land\" target=\"_blank\">argued\u003C/a> that larger handouts would likely push Bitcoin, gold, and land prices higher across the board.\u003C/p>\u003Cdiv>\u003Cp>Trump claims that if the Democrats win the midterms, which is very likely, we will have \"an economic depression the likes of 1929.\" So despite his being able to veto anything they pass, the economy he now claims is the strongest ever will immediately collapse into a depression.\u003C/p>— Peter Schiff (@PeterSchiff) \u003Ca href=\"https://x.com/PeterSchiff/status/2106385803836358975?ref_src=twsrc%5Etfw\">October 3, 2026\u003C/a>\u003C/div>\u003Cp>Bitcoin is \u003Ca href=\"https://beincrypto.com/price/bitcoin/\" target=\"_blank\">currently trading\u003C/a> near $85,000. If Republicans sweep the midterms and Trump’s $5,000 checks actually go out, that scale of liquidity could plausibly push Bitcoin \u003Ca href=\"https://beincrypto.com/citi-bitcoin-ethereum-price-target-raised/\" target=\"_blank\">toward the $95,000 to $100,000 range\u003C/a>, especially given today’s deeper ETF access and institutional demand. \u003C/p>\u003Cp>However, the current crypto market seems much less dependent on US elections, and more on macro conditions. If Democrats winning the midterms means Trump’s war on Iran will end, then it could be even more bullish for crypto and all financial markets. \u003C/p>Will the $5,000 Promise Actually Get Delivered?\u003Cp>Prediction markets cast serious doubt on that outcome, and the numbers currently point the other way. Polymarket’s 2026 midterms contract \u003Ca href=\"https://polymarket.com/event/balance-of-power-2026-midterms\" target=\"_blank\">gives a full Republican sweep\u003C/a>, required to pass this plan, just a 7% chance as of early October. \u003C/p>\u003Cp>A Democratic sweep leads at 65%, while a split Congress sits at 29%. The contract has already drawn more than $16 million in trading volume, and the gap between the two outcomes keeps widening. \u003C/p>\u003Cimg src=\"https://assets.beincrypto.com/img/VzbJeYXCNyOmsFHykSeBeNqGeJw=/smart/e27cf97193f349ec8ee7ed5d8717f7a8\" alt=\"Balance of Power: 2026 Midterms. Source: Polymarket\" />Balance of Power: 2026 Midterms. Source: \u003Ca href=\"https://polymarket.com/event/balance-of-power-2026-midterms\" target=\"_blank\">Polymarket\u003C/a>\u003Cp>Funding also remains unresolved, since tariff revenue falls well short of covering the plan’s cost. Trump’s prior unfulfilled pledges, \u003Ca href=\"https://beincrypto.com/musk-project-meridian-pentagon-doge/\" target=\"_blank\">including DOGE and tariff dividends\u003C/a>, add further skepticism among traders and analysts watching the midterm odds closely.\u003C/p>\u003Cp>If the payment were ever delivered, the liquidity injection would likely favor Bitcoin, especially given today’s deeper ETF access and institutional adoption.\u003C/p>\u003Cp> Any added inflation could also reinforce Bitcoin’s hedge narrative among investors. But with Democrats currently favored to win, markets appear more likely to treat this promise as campaign rhetoric than a near-term price catalyst, at least for now.\u003C/p>\u003Cdiv>\u003C/div>\u003Cp>The post \u003Ca href=\"https://beincrypto.com/trump-reiterates-5000-dollar-promise-bitcoin/\">Trump Doubles Down on His $5,000 Midterm Promise. Will Bitcoin Swing?\u003C/a> appeared first on \u003Ca href=\"https://beincrypto.com\">BeInCrypto\u003C/a>.\u003C/p>","https://beincrypto.com/trump-reiterates-5000-dollar-promise-bitcoin/",null,"[\"Markets\",\"Bitcoin (BTC) News\",\"Trump News\",\"US Crypto News\"]","[\"Bitcoin\",\"BTC\",\"Near\",\"Doge\",\"Across\",\"Polymarket\",\"Market\",\"Hedge\",\"HDG\",\"Sweep\"]","[{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/BTC.png\",\"name\":\"BTC\"},{\"name\":\"Near\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/blockchains/near.png\"},{\"name\":\"Doge\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/blockchains/doge.png\"},{\"name\":\"Across\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/across.png\"},{\"name\":\"Polymarket\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/polymarket.png\"},{\"name\":\"Market\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/market.png\"},{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/HDG.png\",\"name\":\"HDG\"},{\"name\":\"Sweep\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/sweep.png\"}]","7",[],[],"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/news-feeds/sources/beincrypto.png","BeInCrypto","","[\"Crypto\"]","0","EN","2","done"]