Deutsche Bank: $11B Tax Refunds May Boost US Stocks

Tax refunds may boost stocks, but crypto momentum stumbles amid divided analyst outlook.

  • Deutsche Bank estimates $11 billion from US tax refunds may flow into the stock market as a seasonal boost.
  • The cryptocurrency market has recently struggled for momentum, with Bitcoin briefly hitting $70,000 before falling back.
  • Market analysts are divided, as some investors may buy the crypto dip while others fear a deeper correction.

According to a recent analysis from global financial giant Deutsche Bank, US equities could receive a significant $11 billion seasonal lift from tax refunds flowing back into household accounts this year. This potential injection, as discussed on social media, raises questions about whether the cryptocurrency market will see a similar positive impact.

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However, the crypto sector has struggled to maintain momentum over recent months. Bitcoin’s price briefly rallied to $70,000 on February 15, 2026, but it has since fallen back to approximately $68,000.

Consequently, market participants remain cautious about risky assets, often preferring traditional safe havens. There is no guarantee that refund capital will migrate from equities into digital assets like Bitcoin.

Nonetheless, some investors might use current lower prices as a buying opportunity. Such action could potentially lead to a surge in cryptocurrency valuations.

Meanwhile, other analysts predict further declines, with Stifel anticipating Bitcoin could correct to the $38,000 level. A steep drop like that could trigger a broader market crash and prolong investor hesitation.

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Federal Reserve interest rate policy also remains a key factor for risk assets. A future rate cut could eventually improve sentiment toward cryptocurrencies, but the timing is uncertain.

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