Bitcoin surges as PayPal allows customers to use cryptocurrencies
PayPal customers can now buy and sell cryptocurrencies including bitcoin, ether, bitcoin cash and litecoin from digital wallets
Bitcoin surged to almost $13,000 for the first time since July 2019 after PayPal announced it will allow customers to use cryptocurrencies.
The largest digital coin increased as much as 8.5% to $12,915 on Wednesday, surpassing the previous high for the year of $12,473 set in August. Gains among so-called alt coins were even larger, with Litecoin jumping more than 13% and bitcoin cash surging more than 9%...