Recently the U.S. government launched a $2 trillion stimulus package to help Americans counter COVID-19’s economic impact. This figure is more than double the amount of all the speculative capital locked up during its peak in 2018 on the entire cryptocurrency market.

Broadly speaking, cryptocurrency — Bitcoin, Ethereum, Litecoin, and all else. Collectively hit its all-time high market cap in January 2018, totaling $831 billion according to CoinMarketCap.

By contrast, the U.S. stimulus bill is 240 percent higher in response to coronavirus.

Pumping Life Into Economy

The U.S. government has evaluated a variety of ways of pumping life into an economy. Which crippled by coronavirus prevention in the last two months. Many waves of transfers of cash followed one of which saw the United States. Mid-March, the Federal Reserve was printing a fresh $1.5 trillion.

That month ended with the acceptance of President Trump’s $2 trillion stimulus package, which included sending funds to people and businesses in different capacities. Although some believed the stimulus would raise demand for Bitcoin, early signs from the price of the commodity have provided no great cause for excitement. At press time, BTC still sits relatively range-bound, near a $6,880 mark.

U.S. policy measures demonstrate how limited the room for the blockchain is by contrast. At the time of this writing, with a market cap of $199 billion. The world’s digital asset ecosystem has significant room for growth, particularly given all of the money in circulation.