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

During trading on October 21, Bitcoin (BTC) hit a high of $ 12,865, fueling news supporting PayPal cryptocurrency.

Cryptocurrency Daily Market Overview. Source: Coin360

BTC price closed at 2019 high

Data from Cointelegraph Markets, Coin360 and TradingView confirmed the best day for bitcoin in a year, with a 24-hour gain reaching 7%.

At press time, after hours of a $ 12,400 increase, BTC / USD crossed $ 12,500, only to see resistance below $ 13,000.

BTC / USD 1-Hour Price Chart. Source: TradingView

As Cointegraph reported, PayPal plans to support Bitcoin and three UltraCaps – Ether (ETH), Litcoin (LTC) and Bitcoin Cash (BCH), starting next year.