Bitcoin tackles $40,000 as Biden unveils new $6 trillion federal spending budget
Cointelegraph
Published May 27, 2021 10:14AM ET
Updated May 27, 2021 08:00PM ET
Bitcoin (BTC) may get a boost to finally clear $40,000 at the expense of the U.S. dollar as United States President Joe Biden's new $6 trillion federal spending budget proposal is unveiled.
On May 28, the United States president will announce the massive fiscal policy, the largest since the Second World War, to ensure investments in major infrastructure, education and healthcare projects, reported The New York Times on May 27.
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Written By: Cointelegraph
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