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More Stimulus Money Could Have Positive Effect on BTC | Live Bitcoin News

New research is suggesting that if a second round of stimulus checks are approved, the bitcoin price is likely to react positively.More Stimulus = Higher BitcoinWhen the coronavirus pandemic first struck global markets in March of this year, bitcoin sunk down to the high $3,000 range. The asset struggled to make a name for itself the way cash and stocks did, with the former struggling due to inflation. However, many people, over time, began to see bitcoin in an entirely new light, feeling that it would potentially serve as a “safe haven” or a hedge against economic strife and potentially keep their wealth safe during moments of uncertainty.Bitcoin has since moved beyond the $11,000 mark, garnering roughly $8,000 more in about seven months, though at one point, the world’s number o...