Global financial giant Deutsche Bank says US stocks could see a boost in inflows from $11 billion in tax returns. The bank believes US equities could see a seasonal lift as tax refunds move back into household accounts. Retail investors could re-allocate their tax refunds into the stock market. Let’s discuss if the tax returns will also boost the crypto market.

Will US Tax Returns Also Boost The Crypto Market?

The cryptocurrency market has struggled to gain momentum over the last few months. Bitcoin (BTC) saw a brief weekend rally, climbing to the $70,000 mark on Sunday, Feb. 15, 2026. However, the rally could not sustain itself, and BTC’s price has since fallen to the $68,000 mark.

While the $11 billion estimated tax return could pour into the US equities market, there is no guarantee that it will move into the crypto market. Market participants are still unsure about risky assets, preferring safe havens such as gold and silver. The stock market could benefit as we see improving conditions. However, the cryptocurrency market may take longer to rebound.

Nonetheless, there is a possibility that investors will make use of the low prices in the cryptocurrency sector, buying the dip. Such a development could lead to a surge in cryptocurrency prices.

Also Read: How the Earned Income Tax Credit Delay Could Affect Your Refund

On the other hand, some analysts anticipate the cryptocurrency market to dip further. Stifel believes Bitcoin (BTC) could dip to the $38,000 price level. Such as steep correction could trigger another market-wide crash. Investors may stay away from crypto assets for a longer time if they feel additional price dips are on their way. Moreover, the Federal Reserve is yet to announce an interest rate cut for this year. A rate cut could lead to a boost in investor sentiment for risky assets, such as Bitcoin (BTC) and other cryptocurrencies.