Bitcoin Bumps Higher as Trump Calls For Bigger Stimulus Than Democrats

Bitcoin is likely gaining steam due to ongoing stimulus talks in the U.S. Reports indicate that President Trump wants politicians to agree on a stimulus deal larger than House Speaker Pelosi has pushed. The details on this latest development were scant. Whatever the case, analysts think this only accents Bitcoin’s value proposition. There is only 21 million Bitcoin that will ever be mined but theoretically, an infinite number of fiat dollars. President Trump Calls For Larger Stimulus Deal Bitcoin has managed to bounce after the drop late last week on news of OKEx freezing withdrawals. Crucial to this recovery may be news that the cryptocurrency’s scarcity will once again be highlighted as U.S. politicians move towards another stimulus deal. According to financial news relayer/aggregator First Squawk, President Trump wants politicians to agree on a stimulus deal larger than House Speaker Pelosi has pushed. The details on this latest development were…

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