Americans reinvesting stimulus checks in Bitcoin made $4.5k in profit -Breaking
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An average American taxpayer received three rounds of stimulus checks from the United States government as a means to reignite the economy by increasing consumers’ spending potential. Some saw this as an opportunity to make investments in (BTC
Cointelegraph’s Aug. 26 report shows that 11% among respondents aged 18-34 reinvested in a Part of their stimulus checks to cryptocurrencies. A net profit of approximately 442% was realized by adult Americans who reinvested the April 2020 stimulus payments into Bitcoin. This turned a $1200 investment into $5304 as of October 31, 2021.
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