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PayPal cleared $ 242M in crypto trades in just one day

source-logo  ccnews24.net 12 January 2021 08:05, UTC
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The Bull market is also confirmed by PayPal, which records high volumes of crypto trades.

As you know, one of the most important factors that started the bull market on cryptocurrencies was the payment giant PayPal.

The fact that PayPal decided to support the global use of cryptocurrencies has caused increased interest in cryptocurrencies, and it seems that the Fomo effect (Fear of missing out ) on cryptocurrencies persists to this day.

This situation is confirmed by the data from January 11, when PayPal cleared $ 242M in crypto sales.

According to investor Alex Saunders, this is almost double the previous record.

Read also: Exactly ten years ago, BTC was worth $ 0.29

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