Jan 14 2021

Bitcoin Eyes Bull Run Towards $40K Ahead of Biden’s Stimulus Plan

published by Yashu Gola
in blog Bitcoinist.com
original entryBitcoin Eyes Bull Run Towards $40K Ahead of Biden’s Stimulus Plan

bitcoin btcusd btcusdt

Bitcoin extended its recovery trend as traders shifted their focus on Joe Biden's stimulus plan expected later on Thursday, hoping that a generous spending package would pressure the US dollar and boost demand for alternative safe-haven assets. The US president-elect's proposal expects to increase the federal deficit by around $2 trillion. His bill might contain financial support for state and local governments and...