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$1,400 Stimulus Checks Spent on Bitcoin? Here Is What We Know.
One thing that hasn’t been the recipient of much spending from stimulus checks has been Bitcoin and other cryptocurrencies.
Ever since the $1,400 stimulus checks began rolling out to Americans a few weeks ago, people have spent their checks on many different things. The most frequent purchase, according to more than one survey, has been paying bills, although Americans did enough discretionary spending that it caused retail sales to surge in the U.S. in March.
But one thing that hasn’t been the recipient of much spending from stimulus checks has been Bitcoin and other cryptocurrencies.
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