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First Mover: Horrible 2020 Economy Proved Best Thing for Bitcoin

In 2020, bitcoin went from fringe investment to the talk of Wall Street, as the coronavirus-induced recession spurred recovery plans built around stimulus.

By Bradley Keoun, Omkar Godbole, Sebastian Sinclair
Updated Sep 14, 2021, 10:42 a.m. Published Dec 14, 2020, 2:00 p.m.
The coronavirus-induced recession and official response (trillions of dollars of stimulus) pushed bitcoin to its debut on the global investment stage.
The coronavirus-induced recession and official response (trillions of dollars of stimulus) pushed bitcoin to its debut on the global investment stage.