Bitcoin tops $50,000 as PayPal adds UK crypto feature

clock • 1 min read

Bitcoin has topped $50,000 today as the largets cryptocurrency's recovery continues following a price crash three months ago. The latest boom which has seen  world's largest cryptocurrency jump (by overall value) by more than 4% during the past 24 hours to reach overnight highs of about $51,001 (£37,320), its highest level since May 15, has arrived after PayPal said it will allow British users to buy, hold and sell Bitcoin and other cryptocurrencies including Ethereum and Litecoin beginning later this week. PayPal has already introduced the feature in the US in 2021, and now wil...

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Gary Robinson

Commercial Director, Head of Video at International Investment.