Data Shows: PayPal is the Main Driver of Bitcoin Price Increase

By now, most of us have heard that PayPal has recently begun buying and selling cryptocurrency in the US and will expand to specific international markets in the first half of 2021. Initially, it includes four cryptocurrencies - Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC). Undeniably, this is a major leap forward for cryptocurrency. Over 361 million active PayPal users will be able to use their cryptocurrency balances to pay for goods and services from 26 million merchants globally.