Bitcoin Price Hits $13,000 for First Time Since 2019

Bitcoin Price Hits $13,000 for First Time Since 2019

Gate Trade News Thursday, October 22, 2020 312 1

If one had to identify a proximate cause for the price movement, they's surely point to the news that PayPal is ready to introduce Bitcoin buying options.


That makes sense, as the digital payments company will also allow users to purchase Ethereum, Litecoin, and Bitcoin Cash, all of which are up significantly today as well (even compared to other cryptocurrencies, which are generally in the green for the day).


PayPal to Launch Crypto Buying and Selling Features


Digital payments behemoth PayPal will soon allow its customers to buy, hold and sell Bitcoin and several other cryptocurrencies directly via their accounts, the company announced today.