Paypal’s Entrance to the Crypto World has Driven Bitcoin to the Next Bullish Trend
Bitcoin’s price rallied more than 10% after Paypal announced to support cryptocurrencies payment as one of their services. The news had helped Bitcoin blasting through $13,000, the key resistance level since July. A new bullish round on Bitcoin is on the go, as the new service backed by Paypal could lead cryptocurrencies to be used by its users widely. Therefore, it is to say a new Bitcoin’s bull trend is based on more adoption and application among consumers.
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