Crypto and Midterm Election: 3 Risks From Trump’s $5,000 Stimulus to Iran

President Donald Trump has promised a $5,000 dividend to every adult US citizen if Republicans retain control of both the House and Senate in the November 3 midterm elections. The plan would cover about 240 million adults and could cost roughly $1.2 trillion, with Trump suggesting tariff revenue could help fund the payments. Crypto markets are watching the election because it could affect stalled legislation called the Digital Asset Market CLARITY Act, which failed a Senate procedural vote in September, and because US strikes on Iran’s Qeshm islands near the Strait of Hormuz renewed concerns about escalation.