Trump’s Midterm Win and $5,000 Stimulus Checks May Trigger a 2021-Like Crypto Bull Run, Says Analyst —But Warns an Economic Crisis May Follow

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Andrei Grachev, Head and co-founder of of DWF Labs, said late Saturday that a Republican win in the midterms, combined with President Donald Trump's pledge of $5,000 stimulus checks, could spark a 2021-style cryptocurrency bull market.

2021-Like Bull Run on the Cards?

Last month, Trump proposed $5,000 "Trump dividend" checks to every American adult citizen if Republicans win the November midterms. The proposal would cost roughly $1.2 trillion.

Grachev said that these payouts would total roughly 1.5 times the scale of COVID-19 checks issued in 2020-21. Notably, three rounds of stimulus payments—$1,200, $600, and $1,400—were distributed at the height of the pandemic.

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"People will definitely spend a part of on crypto and we can see [2021]-like bull run," Grachev projected.

He, however, warned investors to "cash out everything" after any potential rally to prepare for an approaching economic crisis.

If Trump wins midterm and give 5k$ to every adult, it would be like 150% of Covid helicopter money
People will definitely spend a part of on crypto and we can see 021-like bull run.
If it happens, we you must cash out everything and enjoy next years, bcz crisis is coming

— Andrei Grachev 🦅🟠 $FF (@ag_dwf) October 4, 2026