Price analysis 10/21: BTC, ETH, XRP, BCH, BNB, LINK, DOT, LTC, ADA, BSV

Cointelegraph

Published Oct 21, 2020 03:51PM ET

Updated Oct 21, 2020 08:00PM ET

The crypto markets are cheering PayPal’s decision to allow its customers to use cryptocurrencies to shop from its vast merchant network. PayPal also revealed that U.S. account holders will be able to buy, sell, and hold cryptocurrencies in the PayPal app.

The company plans to extend this service to a few other countries in the first half of 2021. PayPal’s decision has significantly increased the reach of cryptocurrencies. Now many of the company’s 346 million active users will have the options to engage with cryptocurrencies and become investors if they choose.

Daily cryptocurrency market performance. Source: Coin360
BTC/USD daily chart. Source: TradingView
ETH/USD daily chart. Source: TradingView
XRP/USD daily chart. Source: TradingView
BCH/USD daily chart. Source: TradingView
BNB/USD daily chart. Source: TradingView
LINK/USD daily chart. Source: TradingView
DOT/USD daily chart. Source: TradingView
LTC/USD daily chart. Source: TradingView
ADA/USD daily chart. Source: TradingView
BSV/USD daily chart. Source: TradingView

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