The Senate has just made a key procedural step that would allow Joe Biden’s $1.9 trillion coronavirus relief package to pass.
In brief
▪️The US Senate has passed a budget resolution, allowing Joe Biden's $1.9 trillion coronavirus relief package proposal to move forward.
▪️The "beefed-up" stimulus package will increase the size of many relief payouts but could result in further devaluation of the US dollar.
▪️Сontinous monetary expansion is cementing Bitcoin's position as a store of value, experts noted.
The Senate has just made a key procedural step that would allow Joe Biden’s $1.9 trillion coronavirus relief package to pass.
In brief
▪️The US Senate has passed a budget resolution, allowing Joe Biden's $1.9 trillion coronavirus relief package proposal to move forward.
▪️The "beefed-up" stimulus package will increase the size of many relief payouts but could result in further devaluation of the US dollar.
▪️Сontinous monetary expansion is cementing Bitcoin's position as a store of value, experts noted.