Second US Stimulus Package Could Drive Bitcoin Higher, Says OKEx CEO Jay Hao
Hao claims that retail investors are likely to spend the extra money on Bitcoin since there’s nowhere else they can get a good return on their savings. Jay Hao, the CEO of crypto exchange OKEx, suggests that a second United States stimulus plan could result in Bitcoin’s (BTC) price growing further. In his June 22 LinkedIn post, Hao explained that since the first $2.2 trillion stimulus bill was signed in late March, Bitcoin surged by around 58% from $6,580 to $10,400.
Coin Telegraph - 24th Jun 13:06