Archive: stimulus
Explaining Bitcoin’s Rise From $6k to $56k in a Single Year
By Adam Sharp on March 12, 2021
One year ago — on March 12th, 2020 — bitcoin was trading at $6,131 per coin. It had been valued at more than $12,000 in June 2019. But markets everywhere were in a bit of a panic last March, and stocks were trading near the lowest level of the year. BTC sold off during the initial crash, just like almost everything else. But it was pretty clear to me this would…
The Fed Throws Everything at COVID-19
By Adam Sharp on April 10, 2020
Another day, $2.3 trillion more in stimulus. This will likely not end well.