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NewsBTC 2021-08-28 23:00:19

Here’s How Much Your $1,200 Stimulus Check Would Be Worth In Various Cryptocurrencies In 2021

Crypto had started to bull in 2020 at the height of the pandemic. Most thought that the financial markets would suffer greatly when most of the world went into lockdown, this would turn out to not be the case. Although the various markets had experienced price crashes at the beginning of the pandemic. Then, markets started to pick back up. Both stocks and the cryptocurrency markets had recovered even past their various points before the crash. Related Reading | Crypto Analyst Lays Out Cardano’s (ADA) Pathway To $4 The recovery was at various points attributed to governments providing relief for citizens who could not work in the form of stimulus checks. These were to enable individuals who could not afford it to be able to stay home and also have their basic needs met. Governments even went as far as announcing rent and mortgage freezes across the country. In a bid to keep everyone in a home. These checks were spent by most on food. Because in reality, the checks were meant for people whose incomes were not enough to see them through a lockdown. Others though who could afford it had either invested part or all of their stimulus checks. Some of these investments were in cryptocurrencies. Related Reading | American Rapper Tyga To Launch OnlyFans Crypto-Competitor Stimulus checks were basically regarded by some as “free money.” Money that they would do with as they pleased. While some lamented the negative effects of pr...

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