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Bitcoin price moves lower as analyst questions PayPal reports

By: Invezz
Bitcoin halving is about to happen

Bitcoin price (BTC/USD) is hovering around the $9,000 handle after buyers have managed to return above this important level. In the meantime, a well-respected crypto analyst says that the community is still not convinced about reports about PayPal. Fundamental analysis: Scant details  Simon Peters, an analyst at eToro, discussed the recent news about PayPal offering its clients an option to buy and sell crypto. He said that details surrounding PayPal are scant as all parties involved have declined to comment. “The most interesting thing will be if (and how) PayPal utilises its pre-existing arrangements with various physical and online retailers.

The post Bitcoin price moves lower as analyst questions PayPal reports appeared first on Invezz.

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