Bitcoin is trading in the 104,000 USD range on Monday. Market observers attribute this to heightened liquidity expectations following U.S. President Donald Trump’s mention of a minimum 2,000 USD stimulus payment per person.
According to CoinMarketCap, a leading global cryptocurrency data platform, Bitcoin was trading at approximately 104,000 USD as of 10 a.m., up 2.16% from the previous day (24-hour period). However, Bitcoin has experienced a 5.59% decline over the past week.
In the South Korean won market, Bitcoin is trading at around 158 million KRW (approximately 108,700 USD). The Korean premium stands at 2.08%, based on data from Cryprice, a global cryptocurrency market comparison platform.
On Sunday, Trump posted on his social media platform Truth Social, stating that a minimum dividend of 2,000 USD will be distributed to all citizens except high-income earners, aiming to to redistribute the gains from his tariff policies. Trump called people who opposed tariffs “fools” and added that there is “almost no inflation” with “a record stock market price.”
Typically, increased liquidity tends to boost investor sentiment in risk assets such as cryptocurrencies. Gold prices also showed a slight increase. On the same day, international gold prices were trading at 4,016 USD, up 0.44% from the previous trading day’s closing price of 3,998 USD.
Concurrently, altcoins, excluding Bitcoin, demonstrated more substantial gains. Ethereum was trading around 3,567 USD, up 4.98% from the previous day. XRP (Ripple) rose 3.26% to trade at approximately 2.35 USD.
