US President Donald Trump has announced plans to give out $2,000 to American citizens, drawing attention from analysts who are debating how this influx of cash could impact Bitcoin (BTC) . The last time the US government initiated direct cash payments to citizens, it ignited a massive BTC rally. Now analysts are wondering if history could repeat itself with Trump’s latest stimulus plan.

How Bitcoin Surged After Donald Trump’s Stimulus Checks In 2020

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 fun

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