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Surging Bitcoin Nears Highest In 3 Years

W
Wochit

78 Views • Oct 27, 2020

Description

Reuters Bitcoin surged more than 3% on Tuesday as it approached a key resistance level at $14,000. Recent positive developments for the digital cryptocurrency include PayPal allowing its account holders to buy, sell, and transfer bitcoin, as well as Square's bitcoin purchase worth $50 million. If bitcoin is able to decisively trade above the $14,000 level, the next level of resistance traders will watch is its all-time high near $20,000. Visit Business Insider's homepage for more stories.

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