Bitcoin Prices Nearing All-Time High Amidst Global Uncertainties
Nov. 6, 2020The rise in Bitcoin prices is part of a wider trend that has seen Ethereum, Litecoin, Ripple, Monero and other digital currencies also creeping up towards their all-time highs amidst increasing economic and geo-political turbulence globally. While Ethereum is currently selling for Rs. 33,090 per unit, Litecoin has risen to Rs. 4,829. Monero, meanwhile, is currently trading at Rs. 9,651 on the same platform.
With cryptocurrencies continuing to become more mainstream around the world, Paypal recently became the latest traditional online payments platform to embrace the technology. The company, last month, announced thatit will now allow its customersin the US to buy, sell and hold bitcoin and other digital currencies in its online wallets. The service can be accessed through the company’s website as well as its mobile apps.
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