Bitcoin Breaks To New 2020 High on PayPal News: This Was The Weekly Crypto Market Update

View in browser Weekly Crypto Market Update BTC $12,839 | ETH $407 | XRP $0.252 | Total Market Cap: $389 Billion This week was particularly interesting in the cryptocurrency markets. Bitcoin's price charted a new 2020 high, surging to as much as $13,217 on Binance. The entire market cap surged and gained almost $40 billion throughout the past seven days. The catalyst for this major move was PayPal. The world's largest online payment processor announced that it would allow its customers to buy, sell, and store cryptocurrencies as soon as the next few weeks for US-based users. The rest of the world would have to wait for the first half of 2021. To anyone wondering, PayPal has millions of merchants in its network, and the CEO of the company said that they would work actively into incorporating digital currencies in their system. Moreover, it's also interesting to see how banks and regulators will react to the news. Almost every bank accepts PayPal transfers, but almost none of them accept Bitcoin transfers. Read The Full Market Update Price Analysis Overview of Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash This week we've taken a closer look at the performance of Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. For an in-depth look, read more.  PayPal to Allow Users to Buy Crypto PayPal will allow its users to buy, sell, and store Bitcoin and other cryptocurrencies. Read more. BTC Investors Most Concerned With Trump's Reelection Bitcoin investors are most concerned with whether or not Trump will win the upcoming elections. Read more. 91 Maritza, Plovdiv Bulgaria You received this email because you signed up on our website or made a purchase from us. Unsubscribe