BitcoinStimulus.net has been tracking the price of Bitcoin since April 15, 2020, when Americans began receiving their $1,200 stimulus checks.
By mid-April, the $1,200 checks were sent out to those with a gross adjusted income of $75,000 or $150,000 for married couples.
BitcoinStimulus data shows that a $600 purchase of Bitcoin on December 29, 2020, would now be worth over $1,000 as the price of the world’s most popular cryptocurrency has continued to increase.
According to data from BitcoinStimulus, if you used your $1,400 stimulus check to purchase Bitcoin on March 16, it would now be worth over $1,500.
House, Securities and Exchange Commission Chair Gary Gensler said that the commission was not going to place a ban on Bitcoin and other digital currencies.