The plan would pay at least $2,000 to most adults and has been described as part of a broader push to use tariff receipts for direct payments.
Trump also pointed to record highs in 401(k) savings and the stock market, saying tariffs helped the economy grow instead of slowing it down.
The figure being cited publicly as backing for the program is about $400 billion, though analysts and budget experts say the math and legal pathway remain unclear.
These price moves followed a week when some crypto indexes had fallen sharply, so the announcement helped reverse part of that pullback.
Market watchers said the reaction was driven more by sentiment than by a confirmed funding mechanism. Some commentators compared the potential effect to past stimulus checks, noting that when households get direct dividend payments they often boost spending and, in some cases, channel money into markets.
Traders on exchanges showed increased activity, and a handful of altcoins recorded gains as momentum traders piled in. Volume spiked on some platforms as short-term buyers tried to ride the sentiment.
Observers cautioned that rallies tied to political announcements can be volatile and may fade if the policy stalls in Congress or runs into legal challenges.
Legal and political questions are front and center. Treasury officials have suggested parts of the payout could be handled through tax changes already on the books, while court challenges over the scope of tariff powers may complicate any quick roll-out.
Featured image from Unsplash, chart from TradingView