According to the source, Donald Trump said Americans could receive a share of tariff revenue (source: the source). In the last episode of broad U.S. household transfers during 2020–2021, BTC rose from roughly 7,000 USD in April 2020 to above 60,000 USD by April 2021, indicating strong risk-asset performance alongside increased household liquidity (source: Yahoo Finance BTC-USD historical data). The U.S. Department of the Treasury publicly documented multiple rounds of Economic Impact Payments in 2020–2021, establishing precedent for direct disbursements to households (source: U.S. Department of the Treasury). During the 2020–2021 cycle, spot trading activity in BTC expanded materially across major venues, reflecting heightened retail engagement (source: Coin Metrics market data). For trading, monitor BTC exchange net inflows and perpetual funding rates around any official disbursement schedule to gauge retail participation and potential short-term volatility (data sources: Coin Metrics exchange balance series; CoinGlass perpetual funding rate data).

According to the source, a backtest using official IRS Economic Impact Payment schedules and BTC prices from CoinGecko shows that allocating the three U.S. Covid relief checks into Bitcoin would have accumulated roughly 0.227 BTC by using IRS payment start dates and CoinGecko daily prices. At BTC’s all-time high of about $73,738 on March 14, 2024, as reported by CoinGecko, that stack would be worth approximately $16,700 versus $3,200 invested, a gain near 5x by calculation. The implied blended entry price is about $14,100 per BTC based on IRS payment amounts and CoinGecko prices, indicating the cohort would be in profit above that level by calculation. Tranche detail: $1,200 when EIP1 began in April 2020 (IRS) at about $6,650 per BTC (CoinGecko) equals ~0.180 BTC; $600 when EIP2 began on December 29, 2020 (IRS) at about $27,374 (CoinGecko) equals ~0.022 BTC; $1,400 when EIP3 began on March 12, 2021 (IRS) at about $57,000 (CoinGecko) equals ~0.025 BTC. For traders, the 2024 ATH and the ~$14.1k blended cost basis provide clear reference levels for momentum and profit-taking analysis derived from CoinGecko pricing and IRS schedules.

According to @rovercrc, former President Trump is considering stimulus checks similar to COVID-era relief, which could be relevant for BTC liquidity positioning. Source: @rovercrc post on X dated Oct 4, 2025. During the pandemic, the U.S. issued three Economic Impact Payments—up to $1,200 (2020 CARES Act), $600 (Dec 2020), and $1,400 (Mar 2021)—expanding household cash balances. Source: U.S. Department of the Treasury and IRS EIP program summaries. Over the same 2020–2021 period, Bitcoin (BTC) advanced to new highs, reaching roughly $64,000 in April 2021 and about $69,000 in November 2021, illustrating a favorable backdrop for risk assets during elevated transfer periods. Source: Yahoo Finance BTC-USD historical data. Government transfers drove a sharp jump in U.S. personal income in April 2020, highlighting the liquidity injection to households that can spill over into risk markets. Source: U.S. Bureau of Economic Analysis, Personal Income and Outlays, April 2020 release. Regulators observed elevated retail trading activity amid early-2021 stimulus, reinforcing the link between direct transfers and risk taking. Source: U.S. Securities and Exchange Commission, Staff Report on Equity and Options Market Structure Conditions in Early 2021 (Oct 2021).

According to @MilkRoadDaily, Jesse Eckel argues the next crypto bull run could begin in October, driven by the combination of prospective rate cuts, potential stimulus checks, and a flatlined business cycle (source: @MilkRoadDaily). He adds that this setup could extend the rally into 2026, outlining an investing strategy and timeline for traders to watch in Q4 (source: @MilkRoadDaily).