Stimulus

Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement

Solana's SOL, Avalanche's AVAX and Render's RNDR led the crypto rally as almost all but one member of the CoinDesk 20 Index posted gains.

Someday, the orange coin’s fixed supply may make it a safe haven. Today is not that day.

Policymakers should not be concerned, the researchers wrote: Only 0.02% of coronavirus-relief checks ended up in bitcoin.

By Danny NelsonJul 16, 2021

The Fed's taper talk presents downside risk to liquidity-addicted financial markets.

By Omkar GodboleJul 13, 2021

Tax hikes could encourage profit taking in cryptocurrencies, but some investors remain bullish as ongoing stimulus could trigger inflation.

Bitcoin’s struggle to retest a key resistance level at $60,000 has “dampened” market sentiment, said one trader.

By Muyao ShenApr 9, 2021

Slowing bitcoin volume suggests retail traders are less active with their "stimmy" checks compared to 2020.

The stimulus checks are in the mail so it might be too early to call the hyped-up episode a dud.

The decline in institutional investment may be one reason behind bitcoin's failure to hold above $60,000.

The survey by Mizuho Securities estimates that 10% of the $380 billion to be issued as checks could be used to invest.

By Jamie CrawleyMar 15, 2021

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