Bitcoin Price Eyes More Explosions as Biden Considers New $3tn Package
Bitcoin investors keen to profit from Joe Biden's presidency have received another bullish update from the oval office.
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On the heels of the last stimulus package, U.S. President Joe Biden is creating more legislation that may lead to a massive $3 trillion package dedicated to domestic needs and infrastructure. The recent discussions with Biden and Senate Democrats honed in on the political party’s “Build Back Better” campaign. The recent stimulus talks have a few economists feeling optimistic about the future of the American economy, while Treasury Secretary Janet Yellen has said: “the next stimulus bill will have to be paid for through higher tax rates.” Biden and Senate....
What a new package including more direct payouts to citizens plus big infrastructure spending mean for bitcoin and markets as a whole.
Bitcoin price nosedived to $35,100 on Thursday, down from $43,110 a week earlier, while other major cryptocurrencies plunged as a series of explosions were heard in the distance before sunrise in Ukraine’s capital city of Kyiv, ABC News reports Thursday. According to a Reuters report, in the early hours of Thursday morning, Russian President Vladimir […]
On Saturday, politicians in the U.S. approved the massive $1.9 trillion Covid-19 relief package dubbed President Biden’s “American Rescue Plan.” The stimulus plan will see American citizens earning $75k or less eligible to receive $1,400. Moreover, households will get an additional $1,400 for every dependent child claimed. Despite the direct cash payments, Biden’s American Rescue Plan is also filled with pork-barrel items that have nothing to do with coronavirus relief. The So-Called ‘American Rescue Plan’ Americans are expecting a third stimulus check....
Bitcoin refreshed its all-time high during the early Asian session Tuesday as traders assessed the prospects of Joe Biden's latest push to pass his ambitious $1.9 trillion stimulus package.