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Bitcoin blasts through $13K following PayPal’s entrance into crypto

Published 10/21/2020, 06:47 PM
Updated 10/21/2020, 10:20 PM
Bitcoin blasts through $13K following PayPal’s entrance into crypto

Bitcoin (BTC) has rallied above $13,000 for the first time since July, and only the third time since the all-time high bull run of late-2017.

The move follows the long sustained period of five-figure price action, with BTC having spent nearly the entirety of the past 12 weeks trading above $10,000.

Weekly BTC/USD chart: BitcoinWisdom

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Latest comments

BTC is a hoax and a scam that has no intrinsic value, other than to pay for drugs, guns and childporn on the dark web. The digital currency trading platforms are all run by thieves and crooks and the whole infrastructure is corrupt to the core.
But but, will drug and firearms dealers on the dark web accept PayPal? That defies the logic of using bitcoin
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