Bitcoin Is Over $10,000 Again, Here's Where It's Heading Next
July 29, 2020 at 16:28 PM EDT
Over the weekend, Bitcoin breached the $10,000 level again for the fourth time in its short existence. The rally comes off news that European Union leaders agreed to a $2 trillion stimulus package to help offset damages caused by COVID-19. And the U.S. federal government is currently in the process of finalizing the HEALS Act - which is expected to add another $1 trillion (or more) to the U.S. economy. While that may help companies and individuals in the short term, there could be some long-term negative impacts to the unprecedented (and arguably excessive) fiat money printing we're currently witnessing. The post Bitcoin Is Over $10,000 Again, Here's Where It's Heading Next appeared first on Money Morning - We Make Investing Profitable . Read more... Tags: cryptocurrencies To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.