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Bitcoin Price Keep Increased Since PayPal News Spreading

Bitcoin Price Keep Increased Since PayPal News Spreading

Bitcoin Price Keep Increased Since PayPal News Spreading


Since PayPal news spreading at November 2020, bitcoin price keep increases. PayPal open a service for the purchase and sale of cryptocurrency with a some marketplace such LocalBitcoin, Paxful, xCoins, CoinBase with peer-to-peer system. PayPal also provides Ethereum ( ETH ), Litecoin ( LTC ) and Bitcoin Cash ( BCH ).

In the last 24 hours from July until now, BTC up 10%, ETH up 8%, BCH up 9%, LTC up by more than 15% and The Ethereum price went up along with the Bitcoin price jump. From there Crypto Transaction on PayPal reach 346 million buyers and 26 million merchants through a partnership with Paxos Trust Company.

A number of crypto asset observers agree that Bitcoin's massive strength over the past few weeks will be followed by even greater gains in the future. Other observers have even predicted that Bitcoin could return to touch US$20 thousand this year or early years of 2021.

In Google Trends, Bitcoin always increased every month. Mike MC Glone as Intelligence Analysis at Bloomber estimate " Bitcoin's annual supply will drop to less than 2 percent next year. If the previous Bitcoin served as a power, 2021 will be the best years of bitcoin.

If Bitcoin rose by only a quarter of an estimated 1,375 percent in 2017, the year after the new daily supply of Bitcoin fell to 1,800 BTC, the Bitcoin price would exceed US $ 35,000 by 2021 ".

CEO from PayPal says " The shift from paper currency to digital currency is inevitable, bringing with it clear advantages in terms of financial inclusion and access, efficiency, speed and robustness of the payment system and the government's ability to get funds to the public quickly and the demand for Bitcoin continues to grow ".

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