• $40B stimulus money Bitcoin
    Bitcoin

    $40B of stimulus money headed to Bitcoin: Report

    A study predicts that more than 10% of the money distributed to United States citizens in $1,400 stimulus checks could end up invested in Bitcoin

    Nearly 40% expect to invest a portion of it in stocks or Bitcoin. The respondents also showed a preference for Bitcoin over stocks. Saying that Bitcoin could swallow as much as 60% of those investments, Dolan noting, "We calculate it could add as much as 2-3% to Bitcoin's current $1.1 trillion market value.”