Trump's $2K 'Tariff Dividend' Sends Crypto Market Surging | CoinDesk Daily

Nov 10, 2025

President Trump’s $2,000 'tariff dividend' proposal could spark a market rally, influencing traders' risk appetite and the inflation discourse. XRP saw a hefty 10% price surge driven by optimism over new ETF filings and institutional interest. Additionally, there are significant developments in the crypto space, including Ledger's potential IPO plans and its substantial custody footprint. These topics highlight the dynamic interplay between politics and the fluctuating cryptocurrency market.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

INSIGHT

Tariff Dividend Spurs Crypto Rally

Trump's $2,000 tariff dividend proposal boosted risk appetite and helped spark a crypto rally.
Markets treated it like stimulus, lifting Bitcoin above the $100,000 support level.

INSIGHT

XRP Surge From ETF Optimism

XRP jumped over 10% on high volume amid optimism about ETF products and institutional interest.
Multiple firms filed amended S-1s and listings appeared on DTCC ahead of a possible U.S. launch.

INSIGHT

ETF Filings Signal Institutional Demand

Institutional appetite for XRP strengthened as firms standardized ETF filings to streamline SEC review.
The DTCC listings and amended S-1s signal growing readiness for spot ETF products.

Get the Snipd Podcast app to discover more snips from this episode

Get the app