{"id":64940,"date":"2025-12-23T17:16:51","date_gmt":"2025-12-23T17:16:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=64940"},"modified":"2025-12-23T17:16:51","modified_gmt":"2025-12-23T17:16:51","slug":"bitcoin-eth-and-sol-react-as-trump-teases-record-tax-refunds","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=64940","title":{"rendered":"Bitcoin, ETH and SOL React as Trump Teases Record Tax Refunds"},"content":{"rendered":"<div>\n<p>Bitcoin and major altcoins reacted on cue after Donald Trump predicted the \u201clargest tax refund season in history,\u201d tying crypto prices once again to U.S. political headlines.<\/p>\n<p><span style=\"font-weight: 400\">BTC swung around key levels as traders weighed the promise of extra consumer cash against worries about U.S. debt and spending. The move fits a familiar pattern where fiscal optimism, deficit fears, and Federal Reserve expectations all feed straight into Bitcoin, Ethereum, Solana, XRP, and Cardano.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_694acd27c9c74\" data-coin-id=\"bitcoin\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_694acd27c9c74-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_694acd27c9c74-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_694acd27c9c74-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_694acd27c9c74-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_694acd27c9c74-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_694acd27c9c74-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_694acd27c9c74-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_694acd27c9c74-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_694acd27c9c74-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_694acd27c9c74-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_694acd27c9c74-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_694acd27c9c74-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p><span style=\"font-weight: 400\">Trump\u2019s latest comments land in a market that already treats Bitcoin as a macro asset, not just internet money. <\/span><span style=\"font-weight: 400\">BTC USD price previously jumped when Trump told Republicans not to stress about deficit spending, which traders read as \u201cmore money printing later.\u201d Writing in <\/span><a class=\"general-link\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-rally-fueled-us-deficit-fiscal-concern\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Cointelegraph<\/span><\/a><span style=\"font-weight: 400\"> Martin Young said such moves typically characterise Bitcoin\u2019s big rallies as reactions to U.S. fiscal trouble, in the same bucket as gold.<\/span><\/p>\n<p>Let\u2019s deep dive into why Bitcoin could pounce once Trump finalizes his tax refund policy. We know what happened when this is done, as I, Akiyama Felix,\u00a0 experienced it myself during the COVID stimulus check. Is this a bull run in the making?<\/p>\n<h2><b>What Does Trump Tax Refund Claim Actually Mean for Crypto?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Let\u2019s translate the political noise. A \u201crecord tax refund season\u201d means the government sends more money back to households. In short, more people might feel flush for a few months. When people feel richer, some of that extra cash often flows into risk assets like stocks and crypto. One Big Beautiful Bill Act (OBBBA), signed July 4, is the engine behind these refunds.<br \/>\n<\/span><\/p>\n<p><span style=\"font-weight: 400\">But markets also think ahead. Bigger refunds raise questions about deficits and how the U.S. funds everything. The last time Trump told the GOP to ignore deficit fears, Bitcoin spiked as traders treated it like a hedge against long\u2011term dollar weakness, according to <\/span><a class=\"general-link\" href=\"https:\/\/www.coindesk.com\/markets\/2025\/06\/29\/bitcoin-jumps-after-trump-says-growth-will-offset-deficits-boosting-bull-case-for-btc-and-gold\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">CoinDesk<\/span><\/a><span style=\"font-weight: 400\">. That \u201cmacro hedge\u201d story pushes BTC into the same conversation as gold whenever Washington talks big spending.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">REFUND READY: President Trump announced that American taxpayers are in line for record tax refunds when this year\u2019s filing season opens in the next few months, crediting the One Big Beautiful Bill for helping taxpayers get more money in their pockets. <a href=\"https:\/\/t.co\/hcYNaZU1b4\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/hcYNaZU1b4<\/a><\/p>\n<p>\u2014 Fox News (@FoxNews) <a href=\"https:\/\/twitter.com\/FoxNews\/status\/1996340366057087308?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">December 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">Altcoins follow that script, just with more drama. Ethereum, Solana, XRP, and Cardano often move harder than Bitcoin on days with big macro headlines, as traders rotate between BTC and alts based on risk appetite. We saw that in earlier flows data covered in <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/why-did-crypto-funds-see-952m-in-outflows-as-bitcoin-slipped-and-altcoins-drew-fresh-inflows\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">our breakdown of Bitcoin outflows and fresh altcoin inflows<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p>Having monitored Scott Bessent\u2019s briefing on Thursday, the \u2018record refund\u2019 story has a second act: the $2,000 tariff dividend.2 While Trump frames this as a \u2018patriotic dividend,\u2019 the market is pricing in the inflationary cost of the tariffs themselves. This is why Bitcoin isn\u2019t mooning on the news. It\u2019s caught between the promise of liquidity and the threat of rising consumer prices. But the hedge narrative is also falling, especially if we compare crypto against global risk-on assets.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-321686\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/trump-crypto-2.jpg\" alt=\"Bitcoin reacted on cue after Donald Trump predicted the \u201clargest tax refund season in history.\u201d What now? What is the game plan?\" width=\"1000\" height=\"447\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/trump-crypto-2.jpg 1000w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/trump-crypto-2-300x134.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/trump-crypto-2-768x343.jpg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/trump-crypto-2-50x22.jpg 50w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<h2><b>How Could U.S. Fiscal Moves and Fed Policy Shape Your Crypto Strategy?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Think of Bitcoin as \u201cmacro\u2011sensitive.\u201d When the Fed meets or hints at faster rate cuts, volatility often spikes across crypto. A report from <\/span><a class=\"general-link\" href=\"https:\/\/www.ainvest.com\/news\/bitcoin-bearish-reaction-fed-policy-post-fomc-structural-liquidity-contraction-macro-driven-volatility-2512\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">AInvest<\/span><\/a><span style=\"font-weight: 400\"> showed how BTC turned sharply lower after a Fed meeting signaled tighter liquidity. That kind of flip can hit ETH, SOL, and XRP even harder, since they trade like higher\u2011beta tech stocks.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_694acd27dde47\" data-coin-id=\"ethereum\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_694acd27dde47-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_694acd27dde47-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_694acd27dde47-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_694acd27dde47-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_694acd27dde47-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_694acd27dde47-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_694acd27dde47-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_694acd27dde47-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_694acd27dde47-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_694acd27dde47-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_694acd27dde47-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_694acd27dde47-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p><span style=\"font-weight: 400\">Trump\u2019s refund talk adds another macro piece to the puzzle. More refunds might support short\u2011term spending and risk\u2011on trades. At the same time, longer\u2011term deficit worries can reinforce Bitcoin\u2019s role as a hedge against future money printing. That\u2019s why BTC sometimes rallies on \u201cbad\u201d fiscal news while stock markets stall.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For us,\u00a0 <\/span>big U.S. economic soundbites can move your crypto bag even if nothing changes on\u2011chain.<span style=\"font-weight: 400\"> That includes Trump\u2019s statements, Fed rate decisions, and debates about U.S. debt. To see how this ties into the broader Trump\u2011crypto story, you can check our piece on the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/now-that-the-trump-crypto-bubble-has-burst-whats-next\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">so\u2011called Trump crypto bubble<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<h2><b>What Are the Risks of Trading Crypto on Political Headlines?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Relying on political news for trades sounds tempting. \u201cBig refunds are coming, I\u2019ll front\u2011run the pump.\u201d The problem: markets usually price in the story before you react, and headlines often reverse within days. According to <\/span><a class=\"general-link\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-altcoins-price-surge-federal-reserve-united-states-economist\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Cointelegraph<\/span><\/a><span style=\"font-weight: 400\">, crypto often spikes on first\u2011reaction optimism about Fed or fiscal moves, then whipsaws as traders reassess.<\/span><\/p>\n<p><span style=\"font-weight: 400\">There\u2019s another trap. Political headlines, whether bullish from Trump or bearish from critics like Elizabeth Warren (we covered that clash in <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/elizabeth-warren-is-drawing-the-knife-on-trumps-crypto-circus\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">our Warren vs. Trump piece<\/span><\/a><span style=\"font-weight: 400\">), can distract from basics like position sizing and risk limits. Chasing every quote from Washington turns your portfolio into a reaction machine instead of a long\u2011term plan.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-321688\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/trump-crypto.jpg\" alt=\"Bitcoin reacted on cue after Donald Trump predicted the \u201clargest tax refund season in history.\u201d What now? What is the game plan?\" width=\"1000\" height=\"746\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/trump-crypto.jpg 1000w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/trump-crypto-300x224.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/trump-crypto-768x573.jpg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/trump-crypto-50x37.jpg 50w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<p><span style=\"font-weight: 400\">The safer move is to treat macro news as background weather, not a \u201cmust\u2011trade\u201d signal. Build a thesis on Bitcoin and major alts that still makes sense if Trump is wrong about refunds or if the Fed surprises markets. Never throw tax refunds, rent money, or emergency savings into speculative coins just because a politician talked about big checks.<\/span><\/p>\n<p>A \u2018record refund\u2019 sounds great, but someone has to pay for it. The market knows that if we keep printing money to fund these checks, the dollar loses value. Bitcoin should be the winner there, but right now, everyone is too scared of the 20% October rout to buy the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-market-news-today-december-23-bitcoin-is-bringing-christmas-spirit-to-crypto-looking-at-the-festive-weeks-through-the-years-and-what-to-expect\/\" target=\"_blank\" rel=\"noopener\">narrative<\/a>.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best Meme Coin ICOs to Invest in 2025<\/a><\/strong><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Follow 99Bitcoins on <\/span><a class=\"general-link\" href=\"https:\/\/x.com\/99BitcoinsHQ\" target=\"_blank\" rel=\"nofollow noopener\">X<\/a>\u00a0For the Latest Market Updates and Subscribe on\u00a0<a class=\"general-link\" href=\"https:\/\/www.youtube.com\/@99bitcoins\" target=\"_blank\" rel=\"nofollow noopener\">YouTube<\/a>\u00a0For Daily Expert Market Analysis.<\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/bitcoin-eth-and-sol-react-as-trump-teases-record-tax-refunds\/\">Bitcoin, ETH and SOL React as Trump Teases Record Tax Refunds<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin and major altcoins reacted on cue after Donald Trump predicted the \u201clargest tax refund season in history,\u201d tying crypto prices once again to U.S. political headlines. BTC swung around key levels as traders weighed the promise of extra consumer cash against worries about U.S. debt and spending. The move fits a familiar pattern where [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-64940","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/64940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64940"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/64940\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}