Bitcoin rate soars to $ 13 thousand after PayPal announcement of cryptocurrency support

Bitcoin rate soars to $ 13 thousand after PayPal announcement of cryptocurrency support

Bitcoin rate skyrocketed to $ 13 thousand after PayPal announced cryptocurrency support

Yesterday the bitcoin rate was set new annual maximum of $ 13.2 thousand, having risen in a day more than for $ 1000.

By words analysts, the impetus for such rapid growth was the announcement of the largest electronic payment systems PayPal on the start of support cryptocurrencies on their platform. Company will allow clients buy, sell and store bitcoin (MTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). but users not will be able to withdraw or deposit them, as well as manage the private keys of wallets.

Despite severely limited management capabilities, market I was optimistic about the news, which further strengthened the existing upward trend. As a result, Bitcoin briefly rose above $ 13 thousand at night, but the subsequent correction pulled the rate back to $ 12.8 thous., which the he continues to hold. On moment PTS publications are traded for $ 12775 with daily allowance growth 5.23%.

Bitcoin rate soars to $ 13 thousand after PayPal announcement of cryptocurrency support

Market growth also contributes to increased interest from institutional investors, as indicated by a sixfold increase in transaction costs for the last three months.

text: Ivan Malichenko, a photo: Shutterstock, Chart: TradingView

Bitcoin rate soars to $ 13 thousand after PayPal announcement of cryptocurrency support

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