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Bitcoin Reaches 2020 High After PayPal's Announcement

Summary: According to Bitpush's data, the price of Bitcoin has just exceeded $12,700 for the first time since July 2019. The news that PayPal customers in the US will soon be able to buy Bitcoin has pushed the crypto market high. As Bitpush reported this morning, payments giant Paypal said its customers can buy, sell and ...

According to Bitpush's data, the price of Bitcoin has just exceeded $12,700 for the first time since July 2019. The news that PayPal customers in the US will soon be able to buy Bitcoin has pushed the crypto market high.

As Bitpush reported this morning, payments giant Paypal said its customers can buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also said its customers will able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021.

By Liang Che

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