Bitcoin climbs to $ 12.9,000 as PayPal proves crypto is ready for everyone

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Bitcoin (BTC) hit highs of $ 12,865 during trading on October 21, as news that PayPal would support cryptocurrency further boosted the markets.

Daily market review of cryptocurrency. Source: Coin360

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The BTC price is approaching the 2019 highs

Data from Cointelegraph Markets, Coin360 and TradingView confirmed Bitcoin’s best day in over a year as 24-hour gains surpassed 7%.

At press time, hours after rising to $ 12,400, BTC / USD topped $ 12,500 and only saw resistance just below $ 13,000.

BTC / USD 1-hour price chart. Source: TradingView

As Cointelegraph reported, PayPal plans to support Bitcoin and three altcoins – Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) – starting next year.