BitcoinCointelegraph.comEthereumInvestmentStimulus check

You’d have $10K now if you’d invested April’s stimulus in Bitcoin — and more with ETH

People who invested their first stimulus check into Bitcoin in April 2020, would now have more than $10,000.
A Twitter account named “$1200 Stimulus Is Now Worth” has been tracking how much the first US $1200 stimulus would be worth if you invested in Bitcoin when the funds were sent out from April 15, 2020. The passing of the first $1200 stimulus bill in April last year corresponded with a huge bull run in the cryptocurrency and stock markets. Bitcoin was sitting at $6,848 on April 15, and if you had invested the $1200 stimulus then it would now be worth $10,211 at today’s prices of roughly $56,000. The return on investment is 751%You’d have over $10,000 if you bought #bitcoin with your stimulus check. Check https://t.co/jckMs158A2 for live updates. pic.twitter.com/TXp2HnOpEc— $1200 Stimulus Is Now Worth (@BitcoinStimulus) March 10, 2021
And if you’d somehow missed out on investing the first stimulus check into Bitcoin, the second stimulus of $600 rolled out in late December would still have given you a decent return. If you had purchased Bitcoin on Jan. 1 at roughly $29,000, that $600 investment would have now grown to be worth around $1,160 — a 93% return.A third stimulus is on the way after the U.S senate approved the rollout of a $1.9 trillion relief package on March 6, which will see $1,400 paid out to eligible Americans. To see the same returns from the third stimulus, you’d need to see a gigantic increase in Bitcoin’s price. If you were looking to repeat a 751% return, Bitcoin’s price would need …
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