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The Senate has just made a key procedural step that would allow Joe Biden’s $1.9 trillion coronavirus relief package to pass.
In brief
1. The US Senate has passed a budget resolution, allowing Joe Biden's $1.9 trillion coronavirus relief package proposal to move forward.
2. The "beefed-up" stimulus package will increase the size of many relief payouts but could result in further devaluation of the US dollar.
3. Сontinous monetary expansion is cementing Bitcoin's position as a store of value, experts noted.