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Bitcoin Price, Stocks, Rally on Trump COVID-19 $1 Trillion Stimulus Reveal
Bitcoin’s (BTC) recovery from last week's catastrophic drop to $3,700 continued on Tuesday as the digital asset briefly topped $5,500 before pulling back below $5,400. The improvement in the crypto market’s price action appears to have been partially driven by a boost from today’s White House press conference which involved U.S. Treasury Secretary Steven Mnuchin confirming reports that the Trump Administration would support a $1 trillion Coronavirus response package. The stimulus aims to provide a swift intervention to small businesses, various industries, and citizens who have all been hit in the pocket book ... (full story)