Stimulus

(Adam Gault/Getty Images)
Why Is Bitcoin Dropping if It’s an ‘Inflation Hedge’?
Someday, the orange coin’s fixed supply may make it a safe haven. Today is not that day.
(Adam Gault/Getty Images)

helicopter money
COVID-19 Stimulus Checks Fueled 'Modest' Jump in Bitcoin Price Last Year: Cleveland Fed
Policymakers should not be concerned, the researchers wrote: Only 0.02% of coronavirus-relief checks ended up in bitcoin.
helicopter money

St. Louis Federal Reserve President James Bullard
Fed's Bullard Says Time Is Right to Scale Back Stimulus; Bitcoin Unmoved
The Fed's taper talk presents downside risk to liquidity-addicted financial markets.
St. Louis Federal Reserve President James Bullard

President Joe Biden meets Monday with members of Congress on his infrastructure and jobs plan.
What Would Biden’s Tax Hikes Mean for Bitcoin?
Tax hikes could encourage profit taking in cryptocurrencies, but some investors remain bullish as ongoing stimulus could trigger inflation.
President Joe Biden meets Monday with members of Congress on his infrastructure and jobs plan.

CoinDesk Bitcoin Price Index
Market Wrap: Bitcoin Stuck Around $58K; Monthly Volatility Drops to 3-Month Low
Bitcoin’s struggle to retest a key resistance level at $60,000 has “dampened” market sentiment, said one trader.
CoinDesk Bitcoin Price Index

President Joe Biden delivers remarks this week on his proposed American Jobs Plan.
No 'Stimmy' Rally: Why the $1,400 Checks Brought So Little Bitcoin Stimulus
Slowing bitcoin volume suggests retail traders are less active with their "stimmy" checks compared to 2020.
President Joe Biden delivers remarks this week on his proposed American Jobs Plan.

U.S. President Joe Biden speaks Thursday at a press conference.
US Bitcoin Exchanges See No Major Uptick in Stimulus-Related Buying
The stimulus checks are in the mail so it might be too early to call the hyped-up episode a dud.
U.S. President Joe Biden speaks Thursday at a press conference.

Total bitcoin flows
Bitcoin 1Q Retail Flow Exceeding Institutional Investment: JPMorgan Strategist
The decline in institutional investment may be one reason behind bitcoin's failure to hold above $60,000.
Total bitcoin flows

Mizuho
Nearly $40B in US Stimulus Checks May Be Spent on Bitcoin and Stocks: Mizuho Survey
The survey by Mizuho Securities estimates that 10% of the $380 billion to be issued as checks could be used to invest.
Mizuho

bd 3-12-21 - stimulus and bitcoin.
What the $1.9T Stimulus Means for Bitcoin
The U.S. has now spent more on COVID-19 than on World War II. Here’s what it might mean for bitcoin.
bd 3-12-21 - stimulus and bitcoin.