Bitcoin, king of crypto-assets(Btc)The highest price ever updated PayPal, the largest payment company(PayPal)and digital gold is giving an impact to the market and driving the financial market to a super bullish

Bitcoin, king of crypto-assets(Btc)The highest price ever updated PayPal, the largest payment company(PayPal)and digital gold is giving an impact to the market and driving the financial market to a super bullish

Bitcoin, a cryptocurrency that revolutionized the financial industry、2017Increased popularity and popularity from the second half of the year to the first half of 2018

Isn't there anyone who has hardly heard of the name Bitcoin now?

2020Bitcoin hits a record high of $ 23,000 on December 17, 2014

Bitcoin is once again in the spotlight

The macroeconomic factors that have pushed up the price of Bitcoin are、The monetary easing policies of central banks around the world are continuing.

Against the backdrop of a deadlocked economic situation due to the outbreak of the new coronavirus、Investors are prominently shifting funds to digital assets as inflation hedges

It adds value as a digital asset to hedge inflation

Paypal, the largest payment company(PayPal)stock price on December 14, 2020.、Updated the highest price ever

PayPal(PayPal)after November 12, 2020, when cryptocurrency trading bed exclusively in the U.S.、Stock price rises 17%

Furthermore, Nasdaq, which is centered on technology stocks, rose 6.5%, and S & P500, which has many large-cap stocks, rose 3.5%.

PayPal(PayPal)Then、4We handle various types of virtual currencies

Bitcoin、Ethereum、Bitcoin cash、With 4 types of Litecoin、2021At the beginning of the year、PayPal(PayPal)About 26 million companies around the world who use the service will be able to shop using virtual currency

Since this announcement、Cryptocurrencies are entering a rising turn

It is analyzed that PayPal's purchase of a large amount of virtual currency at the start of the new service is one of the factors behind the rise in stock prices.

(1)Until now, trading of virtual currencies for investment purposes has been active,、The function as a "currency" for payment was limited

(2)PayPal(PayPal)If you implement shopping using 4 types of virtual currencies、The payment function will be greatly improved

(3)MasterCard and VISA, the world's largest credit card companies、Strengthening cooperation with virtual currency related companies

Some analysts、Claims that rising Bitcoin prices have a positive impact on PayPal's outlook

Conversely、It can be said that PayPal has a positive impact on Bitcoin, according to recent data、PayPal may have won 70% of newly mined Bitcoin

PayPal(PayPal)Is、2021Plans to expand cryptocurrency services worldwide at the beginning of the year

The company's Daniel Schulman(And Schulman)The CEO is、PayPal says it's only a matter of time before it starts supporting central banks' digital currencies

Square and PayPal drive positive cryptocurrency market

Square, which operates the wallet app "Cash App" for smartphones,、Bitcoin-related sales hit a record $ 1 billion in the third quarter

on the other hand、PayPal announced plans for crypto asset services in October、Because there was more demand than expected、Decided to start the service earlier than originally planned

Demand for Bitcoin from institutional investors is also strong The Chicago Mercantile Exchange (CME) Bitcoin futures market is experiencing record growth

Investors want Bitcoin to rise further、The continuation of the uptrend、Will be affected by a wide range of investors in the future

Alfred F. Kelly, CEO of Visa, who was previously negative as a means of payment, said、"The Bitcoin market has become a market with many new entrants." "I believe the future of cryptography is certain."

Cryptocurrency analysts、Because institutional investors and retail money are flowing into the Bitcoin market、The current uptrend is described as a "healthy situation"

US payment service giants Square and PayPal、It will continue to serve as a channel for individual investor funds to flow into Bitcoin.

The pandemic of the new coronavirus may have a major impact on Bitcoin prices

Just as the pandemic of the new coronavirus has rapidly changed the way we work and live.、Unexpected events are not unlikely to have an explosive impact on cryptocurrency trading

In March, when the pandemic of the new coronavirus spread worldwide、Although the price was halved in just one day、Since then, the uptrend has continued to gain momentum.

To be on the safe side、It might be a good idea to chase Bitcoin again

Bitcoin has been rising exceptionally since the beginning of the year