US citizens who bought Bitcoin with a $ 1200 check distributed by the US government have already experienced extra earnings. As Bitcoin continues to hover around $ 9,000; these earnings reached 35%.
The one-time checks distributed by the US government to citizens reached the recipients in mid-April; While some citizens invested this aid in objects like weapons, others received Bitcoin. These checks were announced a while after the price of the leading cryptocurrency halved in two days in mid-March.
Coinbase CEO Confirms People Receive Bitcoin With These Checks
Earlier, Coinbase CEO Brian Armstrong announced that the amount given by the US government is almost four times the amount of Bitcoin purchases in the stock exchange worth $ 1,200. Bitcoin buyers have seen a 35% gain since mid-April when the checks were distributed. When the check was delivered on April 13, Bitcoin price was $ 6,674. Since then, the leading cryptocurrency has witnessed a 35% growth. The expected Bitcoin half event is planned to take place a week later.
Deaths Continue to Increase in the US Due to COVID 19
The United States made history as the country most affected by the coronavirus pandemic in the world. More than 69,000 people died in the USA due to COVID 19. More than 1.2 million people have been diagnosed with COVID 19, making it the highest-rated country in the world. As of today, over 3.6 million people worldwide have been found to be Covid-19 positive. Death numbers continue to increase exponentially with each passing day, exceeding 252,000 in the world. Previously, the US announced that they expect daily deaths to reach 3,000 by June 1. Despite these terrible numbers, some states in the country are preparing to reopen markets and businesses.