Dogecoin Creator Reacts as Crypto Jumps on New ‘Helicopter Money’ Rumor
The post Dogecoin Creator Reacts as Crypto Jumps on New ‘Helicopter Money’ Rumor appeared on BitcoinEthereumNews.com.
The cryptocurrency market found a reason to be optimistic again, and this time not from thin-air narratives or ETF paperwork but from a surprisingly loud rumor about a fresh batch of so-called “helicopter money” hitting American households, which instantly pushed Bitcoin from $101,000 to $104,000 in a matter of hours and sent Dogecoin up almost 5% before the move faded. Billy Markus stepped in here — the Dogecoin creator himself — noting that the reaction was exactly what one should expect since “everyone knows it’ll be used stupidly.” The whole story started after financial newsletters claimed that Americans making under $100,000 per year might soon receive $2,000 tariff-linked payouts — not classic monetary emission but still enough to spark speculation that a chunk of this money would flow straight into crypto. The numbers Such expectations are not baseless: on Binance, BTC spot volume jumped from $8.3 billion to $11.1 billion, funding rates across majors slipped negative for almost half a day and a cascade of forced buybacks helped Bitcoin reclaim about $3,000 from recent lows without any major news attached. You Might Also Like However, the excitement evaporated almost as quickly as it appeared. Bitcoin continues to trade inside a tight $98,900-$106,200 range, well below its late-October high near $118,000, while Dogecoin — even with the rumor-driven bump — remains 22% under its recent peak. Derivatives liquidations stayed moderate at $58 million — hardly the sign of real trend reversal — and stablecoin inflows to exchanges barely moved, climbing just 0.7% for the week. Source: https://u.today/dogecoin-creator-reacts-as-crypto-jumps-on-new-helicopter-money-rumor
Filed under: News - @ November 14, 2025 2:27 pm