The First Stimulus Check - Is Now Worth $4,200 in Bitcoin During The Pandemic

Bitcoin’s 2020 surge has paid mighty profits to anyone who invest their stimulus check in it. Could traders be fortunate enough to invest the spare cash in Bitcoin and hopefully repeat the surge if we get another round of payments?

▪️Buying $1,200 worth of BTC on April 15 would have given you $4,200+ In profits today.

▪️The US government issued stimulus payments up to $1,200 for individuals during the pandemic.

▪️A better second round of US stimulus payments are up for discussions this week.

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The first US stimulus payments went out in mid-April, with up to $1,200 paid per eligible individual and $2,400 for married couples, with $500 for minor dependents.
The newly-discuss stimulus measure will issue a further $2,000 max to eligible individuals and $4,000 to married couples, with $600 for minor dependents. Payments will be sent in the coming weeks, however some people who received the initial stimulus payment may not be eligible this time around, thanks to more stringent regulations on income and status.