https://finance.yahoo.com/news/nearly-10-of-the-380-billion-in-stimulus-checks-may-be-used-to-buy-bitcoin-and-stocks-survey-131009531.html
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Armed with a fresh round of stimulus checks, Americans may be ready to shop...for some bitcoin and stocks. A new survey out of Mizuho Securities on Monday estimates that 10%, or nearly $40 billion of the $380 billion in direct stimulus checks, may be used to purchase bitcoin and stocks. Mizuho managing director Dan Dolev and his team surveyed approximately 235 individuals with less than $150,000 of household income. Of that, about 200 said they expect to receive the third round of direct stimulus payments in the coming days.
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Bitcoin is expected to account for 60% of the total invested, which could add add as much as 3% to the cryptocurrency's market value, according to Mizuho Securities Managing Director Dan Dolev.
I had previously posted about this. The stimulus can be one of the best things ever to happen for Bitcoin. 10% looks like a conservative number for me, but even that much amount can cause a huge rally in Bitcoin exchange rates and completely disrupt the supply-demand equilibrium currently prevailing in the cryptocurrency market.