Since the first stimulus checks were sent out in April 2020, the price of Bitcoin has increased to over $60,000 as of Tuesday, October 26.
Those who purchased Bitcoin with their $1,200 stimulus checks in April of last year, could cash out for over $11,000 as of Tuesday. BitcoinStimulus.net has been tracking the price of Bitcoin since April 15, 2020, when Americans began receiving their $1,200 stimulus checks. The website shows that since April 15, the price of Bitcoin has increased by over 800 percent, indicating a profit of around $11,000. In March 2020, then-President Donald Trump signed the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act, which provided eligible Americans with direct checks worth $1,200. 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. In mid-April, the price of Bitcoin ranged around $6,000 to $7,000 but this number has since increased greatly over the past several months.
