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Got coronavirus stimulus? Buying Bitcoin has already offered 12% returns

Published 01/05/2021, 10:00 AM
Updated 01/05/2021, 11:40 AM
Got coronavirus stimulus? Buying Bitcoin has already offered 12% returns
BTC/USD
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BTC/USD
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Americans who received their second coronavirus stimulus checks on Dec. 29 have already gained 12% — if they invested it in Bitcoin (BTC).

As the United States government rolls out another round of “free” money to eligible residents, attention is fixed on how many will choose to invest their $600 in cryptocurrencies.

Bitcoin, Ether performance in 2021. Source: Digital Assets Data
Difference between BTC/USD price highs across halving cycles. Source: Twitter

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