In 2020, the Coronavirus Aid, Relief and Economic Act provided payments of $1,200 to eligible adults and another $500 for those with qualifying children.
The CARES Act was the first of three rounds of stimulus payments for Americans since March 2020.
The Tax Relief Act of 2020 in December 2020 declared additional payments of $600 per eligible adult and up to $600 for those with qualifying children.
The American Rescue Plan Act of 2021 provided an additional $1,400 payment to eligible adults and up to $1,400 for those with qualifying children.
The stimulus money was used by Americans for various items, including helping offset increased expenses or a loss of income due to job cuts related to the COVID-19 pandemic. Others used the stimulus money to invest in stocks and cryptocurrencies, pay off debt, or put into savings.
Here is a look at the return a consumer would have if they put their stimulus checks ($1,200, $600 and $1,400) into leading cryptocurrencies like Bitcoin (CRYPTO: BTC), Dogecoin …
Full story available on Benzinga.com