Financial News

Bitcoin price surges 4% to $9,800 on reports that PayPal will start offering crypto services

By: Invezz

Bitcoin price (BTC/USD) jumped more than 4% yesterday after the reports emerged that financial giant Paypal (NASDAQ: PYPL) is working on offering crypto buying and selling services to its users. As a result, Bitcoin price jumped higher to trade near the $9,800 mark. Fundamental analysis: PayPal may spark widespread adoption Paypal, the financial payments giant, is preparing to start offering crypto buying and selling services to its 325 million users, according to media reports.  “My understanding is that they are going to allow buys and sells of crypto directly from PayPal and Venmo. They are going to have some sort

The post Bitcoin price surges 4% to $9,800 on reports that PayPal will start offering crypto services appeared first on Invezz.

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