In this episode, I take a look at the Federal Reserve’s study about the influence of stimulus cheques on Bitcoin’s price. First, I go over what the Federal Reserve is and tell you all you need to know about the US's pandemic stimulus. Next, I explain how the Federal Reserve measured the impact of stimulus cheques on BTC. Then, I reveal how much they actually impacted Bitcoin's price. I also talk about the impact of stimulus cheques on Bitcoin in other countries. Lastly, I get into stimulus cheque regulations and tell you my own thoughts about their impact on the crypto market.
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Disclaimer: The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. The content of this podcast is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.
