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PayPal's Daily Crypto Trading Volume Exceeds $300 Million, Setting A Record High

Mary Liu

Summary: Data from itBit, PayPal's crypto service provider, shows that the daily trading volume of cryptocurrencies on PayPal has hit a record high of more than $300 million.  This amount was set when Bitcoin briefly dropped by $30,000 last week, indicating that retail investors are buying on dips.  The previous record was set in January, with ...

Data from itBit, PayPal's crypto service provider, shows that the daily trading volume of cryptocurrencies on PayPal has hit a record high of more than $300 million. 

This amount was set when Bitcoin briefly dropped by $30,000 last week, indicating that retail investors are buying on dips. 

The previous record was set in January, with a daily trading volume of over $240 million.

By Mary Liu

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