Crypto Markets Today: Altcoins Lead Gains as Trump’s Dividend Plan Sparks Retail Rally

Bitcoin has rebounded above $106,000 after a two-week downturn, encouraged by anticipation that President Trump's proposal of a $2,000 tariff dividend could provide a significant liquidity boost to the market. This initiative has invigorated altcoins, with Bitcoin dominance dipping to 59.1%. Notable gains were recorded in tokens like XRP, XLM, and HBAR, which saw a rise of over 10%. The total value locked across decentralized finance protocols surged to $142.8 billion, with significant contributions from Starknet Bridge and Suilend. Despite the overall bullish market sentiment, futures markets showed mixed signals with an increase in open interest for several tokens, which could suggest caution regarding sustainability.

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