Oct 9, 2020 at 16:45 UTCUpdated Oct 9, 2020 at 17:33 UTC.The Trump Administration is preparing a $1.8 trillion coronavirus stimulus proposal, its largest such offer in negotiations with the Democrat-, the Wall Street Journal reported, citing people familiar with the discussions.
Bitcoin prices have been buoyed this year as investors bet that trillions of dollars of government and central bank spending around the world in response to the coronavirus-induced slowdown will inevitably result in inflation, and therefore be positive for the cryptocurrency.
If a stimulus deal is reached, BTC may rise further.
In recent trading, BTC was up 1.3% to $11,059.
Trump Administration Readying $1.8T Stimulus Proposal: Report
Udgivet den Oct 9, 2020
by Coindesk | Udgivet den Coinage
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