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What Biden's $2 Trillion Stimulus Package Means for Bitcoin
Over the weekend, the US Senate passed President Joe Biden’s ambitious American Rescue Plan—a nearly $2 trillion stimulus package. The bill represents one of the biggest government interventions into the American economy since the World War II. It doesn’t quite hit the $2.2 trillion heights from March 2020’s pandemic response package, but it’s still more than the $787 billion support package issued in the wake of the 2008 financial crisis. So where does Bitcoin fit in? “We believe there is a good chance that at least some of this money will find its way to the flagship cryptocurrency—or perhaps even ... (full story)
