US Crypto Exchanges See An Uptick In Customers Buying Bitcoin With The Stimulus Checks

Bitcoin adoption is going extremely good these days. As you know by now, one of the most important goals of the crypto space has been to boost mass adoption of BTC and digital assets.

There have been made a lot of mobes in this direction so far, and they seem to continue.

Coindesk just revealed that while the US crypto exchanges say that they have begun to see an uptick in the customers who are buying BTC with their stimulus checks, on the other hand, the slowing Bitcoin volume is showing that the stimulus wave has been overestimated.

Check out the tweet below.

“Data collected from various crypto exchanges shows that predictions that many people would use their latest $1,400 stimulus checks to buy bitcoin were overestimated. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day,” CoinDesk noted.

Bitcoin is poised to surge to $400k

The optimistic Bitcoin predictions keep pouring into the crypto space. Now, an important Bloomberg analyst says that BTC will surge to $400k.

The online publication the Daily Hodl notes that a popular Bloomberg analyst says that Bitcoin is on its way towards $400k.

It’s been reported that Bloomberg Intelligence senior commodity strategist Mike McGlone cited the fact that Visa, Goldman Sachs and Morgan Stanley have embraced the digitalization of money – they did this as signs that Bitcoin could replace gold as the global digital-reserve asset.

At the moment of writing this article, BTC is trading in the green, and the king coin is priced at $60,707.28.

Stay tuned for more news and keep your eyes peeled on the markets.

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I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.