#AppleCryptoUpdate 🔥 New York launches \$2 billion unconditional payments — could trigger retail FOMO in crypto (DailyHodl)

📍 What happened:

New York authorities will approve the first-ever "Inflation Compensation" program — \$150–\$400 in cash will be received by over 8 million people, without applications, checks, or conditions.

📊 Why this matters for the market:

✔️ This is a direct distribution of liquidity to the population amid a slowing economy.

✔️ Historically, similar measures lead to increased interest in speculative assets, especially among the youth.

✔️ Studies of COVID checks have shown that part of the payments went into crypto, stocks, and options.

⚡ Possible consequences:

▪️ A local wave of small investors — potentially into crypto and meme coins.

▪️ New York sets a precedent — if other states follow suit, the market will receive a new demand impulse.

▪️ Against the backdrop of inflation and instability, BTC and ETH appear as a "safe haven" even for newcomers.

📌 Conclusion:

This is not just social support — it is a potential local trigger for retail FOMO, especially in crypto. We are monitoring market reactions and initiatives from other states.