President Donald Trump said this week that his administration explores the “distribution” of up to $ 2000 each for the American people because of the funds resulting from its introductory policies, according to the Yahoo financing report. “We may also distribute people, almost like profit distributions to the people of America,” the president said in an interview with Onerica News. “They were thinking, perhaps from 1000 to 2000 dollars.”
Also read: Bitcoin raises the fears of the trade war
The motivation checks were previously sent to American citizens as part of the 2.2 trillion dollar stimulus package signed under the first Trump administration during the Covid-19 in 2020, which led to an increase in bitcoin and shares. The last time that motivational checks have been struck by bank accounts of American citizens, up to $ 40 billion was expected to be used to buy shares and bitcoin.
In 2021, with President Joe Biden in his position, another round of stimulus was approved, once again providing Americans with an annual income of less than $ 150,000 with additional checks of $ 1,400. If the individual has invested the first $ 1,200 examination in Bitcoin, which was trading at $ 6,878 at the end of April 11, 2020, then this investment will reach about 21,270 dollars today, which represents a profit of 1,672 %.
Other chicken injection into Bitcoin as soon as possible would provide an additional investment of about $ 5,170 based on the current price. In total, there could be about $ 3,200 of incentive checks that amounted to more than $ 26,000 in Bitcoin if they were invested during those windows.
Although a strong gain is achieved, this number is less than accumulated gains if the money was placed immediately in Dogoin. At the height of the 2021 Meme Coin, which occurred immediately after the final incentive, the three stimulus checks were worth about $ 438,000. If it is held today, the investment will still deserve approximately $ 150,000 – profit more than 4576 %.
Official details about the Trump administration’s exciting checks remain suspended, but $ 2000 will allow investors to get about 0.0165 BTC at the present time.
Source: Indexbox Market Intelligence
