Stimulus Drives Bitcoin?? We Had it All WRONG! (Ep 211)
Coin Bureau
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The Fed Stimi Study - What Are the Findings?
Of the nearly 270 billion dollars of stimulus money that was sent out to americans, only about 58 million dollars found its way tebit coin between april ninth and june fifth. The number of b t c by orders at the 12 hundred dollar range on crypto currency exchanges spiked as soon as the first round of stimulus started being received in April. According to the fed, stimi payments only accounted for three point eight % of b tc trades by number and zero point seven % of trades by value during that time period.
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