@minimaus 23 December 2020 more from that month

What do you think, will 2021 be the beginning of the crypto world era?

**Bitcoin** was often written off. However, in recent weeks, the oldest and largest cryptocurrency in the world has strengthened strongly again. Is it the next soap bubble growing or is it a matter of real strength? At the beginning of the corona pandemic, the virus looked like Bitcoin was a big loss, worthless. From mid-February to mid-March, the price dropped by more than 50% - to only $ 4,895. After a short recovery phase, the price has been around US $ 10,000 for a long time - until a few weeks ago. Meanwhile, the most important *cryptocurrency Bitcoin* could not only compensate for the drastic loss from the spring - since the beginning of September, the price has risen by more than 53%. In October alone, Bitcoin gained about 30 percent of its value, just in time for its twelfth birthday. ***Bitcoin cyber currency***, climbed to almost 16,000 US dollars, and on Wednesday (November 11), the cryptocurrency exchange **Bitstamp** was occasionally around 15,650 dollars.

Then, Bitcoin reached the highest price since January 2018. Let us remind you, in December 2017, ***Bitcoin*** reached a record $ 20,000. After that, the course of the crypto world collapsed drastically and that was the end of the flight. Now the situation around the value of **Bitcoin** looks different and more interesting again. And there are several possible reasons for that. I think it's up to **Paypal**. **PayPal** has given a big boost, the potential to **Bitcoin**. In addition to all that, **cryptocurrencies** have profited, ie the value of the recently known plans of the payment services giant **PayPal** to accept digital currencies as a means of payment has increased. Investors assume that this step towards commercial use will give new impetus to **Bitcoin**, as well as other cryptocurrencies such as **Ethereum, Bitcoincash, Litecoin, Dash, Ripple** ...

Through the well-accepted **PayPal** system, ease of use can lead people to accept cryptocurrencies more widely. **PayPal** users in the US will in future be able to buy, sell and store Bitcoin, other cryptocurrencies through the platform, the US company announced in October. And from the beginning of 2021, payments in cryptocurrencies and in retail will be enabled via **PayPal**.

What do you think, will 2021 be the beginning of the **crypto world era**?