Coronavirus Stimulus… More Than 2X Crypto’s All-Time Market Cap High

Some of the numbers we’ve seen in recent days and weeks are just mind-boggling….the U.S. coronavirus stimulus package is larger than crypto’s all-time market cap high by 240%…

Coronavirus Stimulus Is More Than Twice Crypto’s All-Time Market Cap High

“The U.S government recently unleashed a $2 trillion stimulus package to help Americans offset the economic impact of COVID-19. That figure is more than double the amount of all the speculative capital locked up in the entire cryptocurrency market during its 2018 peak.

Cryptocurrency at large — Bitcoin, Ethereum, Litecoin, and everything else — collectively reached its all-time market cap high in January 2018, totaling $831 billion according to CoinMarketCap data.

The U.S. stimulus bill in response to coronavirus is 240% larger by comparison.”

Master Asked on April 22, 2020 in Cryptocurrency.
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