Good for Bitcoin? US Senate rejects stimulus without $1,200 checks
Cointelegraph
Published Sep 11, 2020 05:07AM ET
Updated Sep 12, 2020 07:00AM ET
The United States Senate rejected the new stimulus proposal on Sep.10, which did not include a new round of $1,200 checks. However, this boosts the chances of a new proposal with individual checks getting approved, and could serve as a catalyst for Bitcoin (BTC).
The new proposal, dubbed a “skinny” stimulus bill, was rejected with a 52-47 Senate vote. Republican Senator Rand Paul, along with Senate Democrats, blocked the new package that did not include $300 billion for stimulus checks.
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Written By: Cointelegraph
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