Americans reinvesting stimulus checks in Bitcoin made $4.5k in profit
A timely reinvestment of $3,200 worth of stimulus checks into Bitcoin would return a total profit of $4,514 (nearly 71%) by the end of October. An average American taxpayer received three rounds of stimulus checks from the United States government as a means to reignite the economy by increasing consumers’ spending potential. For many, this meant an opportunity to invest in Bitcoin (BTC).A Cointelegraph report from Aug. 26 shows that 11% of the respondents between the ages of 18 to 34 reinvested a part of their stimulus checks into cryptocurrencies. Adult Americans that reinvested the....
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