The price of Bitcoin is rising and has once again passed above the very symbolic bar of 10,000 US dollars. Bitcoin YTD performance compared to leading technology stocks TradingViewLooking broadly at leading market indices, bitcoin’s performance this year is even more impressive. Bitcoin YTD performance compared to leading indices TradingViewSo, what is behind this recent surge? The catalyst was yesterday’s announcement that PayPal will allow its millions of U.S. customers to purchase bitcoin, along with ether, litecoin, and bitcoin cash, directly from its app. Complimentary October SampleIn order to get you started, we would like to offer everyone a free sample of our October issue.

Source: Forbes October 22, 2020 19:30 UTC