US House Speaker ‘Optimistic’ About Reaching a Stimulus Pact: Reports
House Speaker Nancy Pelosi said she is “optimistic” after the Trump administration made concessions on coronavirus testing and tracing ahead of a Tuesday evening deadline.
Negotiators on Sunday were hammering out final details of a $900 million pandemic stimulus, the Wall Street Journal reported.
The ECB says the additional monetary policy actions were needed because of a resurgence in coronavirus cases.
After Joe Biden's inauguration on Jan. 20, an expected raft of new stimulus measures may further boost bitcoin's rally, say analysts.
The Breakdown weekly recap looks at bitcoin buying by Iran, JPM Coin and the latest round of lockdowns coming to Europe.
With a strong correlation between stocks and the bitcoin price in recent months, analysts say a stimulus package could boost BTC as well.