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29 October 2020

Cointelegraph Consulting: New stimulus checks may push Bitcoin price above $11K

Cointelegraph Consulting: New stimulus checks may push Bitcoin price above $11K


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New stimulus checks may push Bitcoin price above $11K.

The latest research by Cointelegraph Consulting suggests that financial stimulus packages bolster the stock market and cryptocurrencies.

The growth in the prices of these assets may be explained by the huge financial stimulus packages provided by governments around the world.

Bitcoin is also often seen as an alternative to traditional safe havens.

However, Cointelegraph Consulting’s research report shows that the volume of stimulus itself is not the only factor impacting capital market growth.

All past reports by Cointelegraph Consulting are also available on Cointelegraph.com.

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