I think it's a good idea, a good move by PayPal..
And I also think the market will react positively to this.
If that only happens in the UK, that is not enough to marker to rise as the price has not moved anywhere since last week. Maybe it needs more time for the price to increase, but the market needs more than just that news. And if nothing good news release this week, maybe we will see another correction, so prepare yourself for that and do not panic. But if the price can increase this week, that will be a good sign for us to see that the price may be back to $49k-$50k.