Trump suggests $5,000 checks could follow Republican midterm win

  • Donald Trump suggested paying every adult American $5,000 after a Republican midterm victory.
  • The proposed payment would be $5,000 for each adult American.
  • Analysts said the checks could fuel an "insane" altseason, including for XRP.

US President Donald Trump suggested earlier this week that his administration would pay every adult American $5,000 if Republicans win the midterm elections. The proposal has prompted analysts to consider whether stimulus payments could send additional money into crypto markets, as some Americans did during COVID. Some analysts said a Republican victory followed by the payments could fuel an "insane" altseason, raising questions about how specific altcoins such as XRP might perform.

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