Featured Image Credit: Kevin Dietsch / Staff via Getty
Bitcoin could be looking into a bright future thanks to a recent move from US President Donald Trump, as a 'tsunami' could be activated that would cause the popular crypto coin's price to skyrocket.
There have been ups and downs for Bitcoin over the years but there's no doubt that the last year is the best it has ever been for the most popular cryptocurrency, seeing record highs and unprecedented price increases.
Much of it came as a result of Donald Trump's US election victory last year, as the price of a single Bitcoin increased by around $40,000 in the space of a month due to confidence that the incoming president would further legitimize the unregulated economy.
Prices soared past the long-fabled $100,000 mark for the first time in history, and have relatively stayed around that point over the course of the year despite a few momentary drops below.
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It even recently reached a new high of around $125,000 last month, before dropping down to $95,000 once again, yet a new and unexpected move from President Trump has served as an indication that things are far from finished.
As reported by Forbes, Trump recently announced on his Truth Social account that everyone in America – excluding 'high income' individuals – would soon be receiving a $2,000 dividend, perhaps similar to one worth $1,200 that was handed out during the COVID-19 pandemic.
What resulted from the pandemic stimulus was, at the time, the biggest spike that Bitcoin's price had ever seen, as many people across the country used those new-found funds to invest in the cryptocurrency, causing its value to spike with demand.
As a result, many people are predicting that the same could happen again to an even greater scale, and if it's anything like the last time you could find yourself with a lot of money at the peak of the price explosion.
Notable investor and market-watcher Mel Mattison estimated that "the flood gates are now being opened" in a post on X that reacts to Trump's shocking decision, adding that he expects the government to "unleash a tsunami of fiscal largess in coming quarters," especially as it relates to the 2026 mid-term elections.
Ion Jauregui, an analyst at ActivTrades, explained in a statement to Forbes that "much of Bitcoin's future will hinge on macroeconomic conditions, including central bank policies, liquidity, and investor sentiment.
"A more accommodative global monetary environment could spark renewed risk appetite, favoring digital assets, while tightening measures or regulatory crackdowns could trigger sharp pullbacks."
You might not want to get too ahead of yourself though, as comments from Treasury secretary Scott Bessent might indicate that the $2,000 is a little bit too good to be true.
Bessent has suggested that the 'payment' might not necessarily be a straight-up check to millions of Americans, and instead "could come in lots of forms," including tax cuts already present in the notorious One Big Beautiful Bill.
