In a surprise to no one the so called skinny bill didn't even make it out of the Senate

In news out earlier today, the Senate voted on a mostly republican introduced bill that would provide some aid to those impacting by the coronavirus.

(Source: https://www.yahoo.com/news/coronavirus-stimulus-sen-wyden-blasts-gop-skinny-bill-and-show-trial-vote-200122587.html)

However, as was known for weeks now, it didn't have any chance of actually passing.

Democrats had been saying for weeks they wouldn't pass it because it didn't do nearly enough to help the American people.

Regardless, republicans went ahead with it anyways.

Also expected, the stock market sold off the rest of the day when this news broke.

And now with the likelihood of no new relief bill being approved before the election the selling we saw today may be just the beginning of the selling which will no doubt spill over into crypto.

If things get ugly in the equity markets I suspect it will get ugly in the crypto markets as well.

Fun times ahead!

Posted Using LeoFinance