Among them is PayPal, which announced in October that it would open up cryptocurrencies to its rough29 Dec 2020 23:01
Among them is PayPal, which announced in October that it would open up cryptocurrencies to its roughly 350 million users worldwide in early 2021.
“Demand continues to outstrip supply and institutional investors continue to seek exposure to bitcoin hedge against inflation, both of which have helped to keep the price above $20,000,” Simon Peters, an analyst at the online investment platform eToro, told The Independent.
“Investors are recognising that, despite the rapid price rise grabbing headlines recently, bitcoin’s real potential remains as a long-term investment to be held for months if not years.”