Bitcoin is on the brink of a major breakout following a remarkable weekly close at $13,032, which was its highest since January, 2018. The world’s largest cryptocurrency is now safely in bull market territory having rallied by 237.02% since March. While several analysts have been forecasting a pull-back to the $12,000 region, Bitcoin seems buoyant above the $13,000 level following news that PayPal is offering cryptocurrency services. The fact that PayPal, a global payments powerhouse, is including Bitcoin services within its platform highlights how far the asset class has come since its inception 11-years-ago. BTCUSD chart by TradingView Cryptocurrencies experienced a glimmer of mass adoption in 2017 during the ICO bubble, but this seems far more mature with institutional funds ...
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