Donald Trump Is Giving Out $2,000 To Americans, Here’s What Happened To Bitcoin The Last Time Government Gave Out Free Money

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed into law on March 27, 2020, provides a historical blueprint of how payments from the US government can affect the crypto market. According to crypto analyst Satoshi Flipper, once $1,200 checks started reaching Americans in 2020, many recipients immediately funnelled the funds into cryptocurrencies. 

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