Auto Added by WPeMatico

Bitcoin Drops While Stocks Surge Ahead Of New US Budget Announcement

The latest Bitcoin news show that the most dominant cryptocurrency is currently experiencing multiple periods of losses. Despite the hopes of many for the inflation-boosting US stimulus to come and therefore increase the price of BTC, the reality is that stocks have started rallying. Now, we can see how Bitcoin drops while other assets are increasing their value, mostly because of President Joe Biden’s new full budget reports. According to the New York Times, Biden is seeking $6 trillion in federal spending for 2022, as well as an additional $8.2 trillion by 2021. In the proposal, we can also see…

Continue Reading Bitcoin Drops While Stocks Surge Ahead Of New US Budget Announcement

End of content

No more pages to load