BlockBeats News, November 10th. Yesterday, Trump proposed a plan to consider using tariff revenue to distribute a $2000 “Tariff Dividend” to each American. Although the proposal has not yet been approved by Congress, the market has started to pay attention to its potential impact. Looking back, during his term in April 2020, Trump distributed a $1200 stimulus check when the price of Bitcoin was around $6900. One year later, the price surged to over $60,000, nearly an 8x increase.
BiyaPay analysts believe that if a new round of cash stimulus is implemented, global liquidity will once again be abundant, potentially driving up the prices of risk assets, especially digital currencies and the U.S. stock market. BiyaPay reminds investors to pay attention to market volatility opportunities and to use USDT on the BiyaPay platform to trade U.S. stocks, Hong Kong stocks, futures with zero fees, and enjoy trading digital currency spot contracts to strategically allocate a diversified asset portfolio.
