Share this article
BTC
$79,132.22
-
4.52%ETH
$1,615.02
-
9.47%USDT
$0.9996
-
0.03%XRP
$1.9831
-
6.60%BNB
$554.05
-
6.25%USDC
$1.0001
-
0.02%SOL
$107.43
-
9.52%DOGE
$0.1514
-
9.74%TRX
$0.2333
-
1.95%ADA
$0.5849
-
9.63%LEO
$8.8850
-
1.89%TON
$3.0485
-
6.32%LINK
$11.47
-
9.15%XLM
$0.2385
-
4.27%AVAX
$16.25
-
9.08%SHIB
$0.0₄1136
-
7.30%SUI
$1.9414
-
11.81%HBAR
$0.1426
-
11.29%OM
$5.9353
-
5.19%LTC
$71.96
-
12.38%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Bitcoin Rallies Above $13K Less Than 24 Hours After Breaking 2020 Highs
Bitcoin (BTC) has risen above $13,000 in less than 24 hours after it broke the $12,000 level on the news PayPal will support cryptocurrencies on its platform.
Bitcoin (BTC) has risen above $13,000 in less than 24 hours after breaking the $12,000 level on news PayPal will support cryptocurrencies on its platform.
STORY CONTINUES BELOW
- Prices of BTC rose to $13,005.51 at 22:22 UTC (6:22 p.m. ET) by press time, representing a 8.7% gain in the past 24 hours, according to CoinDesk’s Bitcoin Price Index (BPI).
- The 24-hour price range: $11,898.03 - $13,030.86.
- The oldest cryptocurrency has continued its price rally after payment giant PayPal announced it will allow its users to buy, sell and hold cryptocurrencies.
- The new service initially will support bitcoin, bitcoin cash (BCH), ether (ETH) and litecoin (LTC).
- Prices for bitcoin cash, ether and litecoin also rallied on the news, up between 7% and 13%in the past 24 hours.
Muyao Shen
Muyao was a markets reporter at CoinDesk based in Brooklyn, New York. She interned at CoinDesk in 2018 after the initial coin offering (ICO) craze before she moved to Euromoney Institutional Investor, one of Europe's largest business and financial information companies. She graduated from Columbia University Graduate School of Journalism with a focus in business journalism.
