Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively? BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?
You shouldn't be under the delusion that the economies of the leading countries will instantly begin the transition to work with crypto. Requirements from regulators are not softened, and there are no loud statements yet. But as positive news for the market, Paypal's allowing work with BTC, LTC, ETH and BCH affected, but did not quite live up to expectations.