Friday, June 6, 2025

PayPal Records Record Cryptocurrency Trading Volume

&NewLine;<&excl;-- Google AdSense AMP snippet added by Site Kit -->&NewLine;<amp-auto-ads type&equals;"adsense" data-ad-client&equals;"ca-pub-7026113949539412"><&sol;amp-auto-ads>&NewLine;<&excl;-- End Google AdSense AMP snippet added by Site Kit -->&NewLine;&NewLine;<p><br>Clients of the payment system actively bought and <strong>sold crypto assets<&sol;strong> in a short period&comma; when the <strong>bitcoin<&sol;strong> rate fell by &dollar; 10 thousand&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The daily volume of transactions was almost twice the previous maximum On January 11&comma; the <strong>PayPal<&sol;strong> <strong>payment<&sol;strong> system recorded a record volume of <strong>cryptocurrency<&sol;strong> <strong>trading<&sol;strong>&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>During the day&comma; users of the service made transactions with digital assets worth &dollar; 242 million&comma; which is almost double the previous record&period; The founder of the information portal Nugget&&num;8217&semi;s News&comma; <strong>Alex Saunders<&sol;strong>&comma; spoke about this on his Twitter account&period;<&sol;p>&NewLine;&NewLine;&NewLine;<blockquote class&equals;"twitter-tweet">&NewLine;<p lang&equals;"en" dir&equals;"ltr">Retail has arrived&period; <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;PayPal&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&commat;PayPal<&sol;a> cleared &dollar;242M in crypto sales yesterday&period; That&&num;8217&semi;s nearly double the previous record&period; 🌐📲✅ <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;hashtag&sol;Bitcoin&quest;src&equals;hash&amp&semi;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&num;Bitcoin<&sol;a> <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;hashtag&sol;Ethereum&quest;src&equals;hash&amp&semi;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&num;Ethereum<&sol;a> <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;hashtag&sol;BullMarket&quest;src&equals;hash&amp&semi;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&num;BullMarket<&sol;a> <a href&equals;"https&colon;&sol;&sol;t&period;co&sol;dnoPlADhla">pic&period;twitter&period;com&sol;dnoPlADhla<&sol;a><&sol;p>&NewLine;<p>— Alex Saunders 🇦🇺👨‍🔬 &lpar;&commat;AlexSaundersAU&rpar; <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;AlexSaundersAU&sol;status&sol;1348806620050935809&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">January 12&comma; 2021<&sol;a><&sol;p><&sol;blockquote>&NewLine;<p> <script async&equals;"" src&equals;"https&colon;&sol;&sol;platform&period;twitter&period;com&sol;widgets&period;js" charset&equals;"utf-8"><&sol;script><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><br><br>Record trading volume on <strong>PayPal<&sol;strong> coincided with a sharp drop in the <strong>cryptocurrency<&sol;strong> market&period; Yesterday&comma; January 13&comma; the <strong>bitcoin<&sol;strong> rate fell from &dollar; 41 thousand to almost &dollar; 30 thousand&period; Most of the popular alkoins at the moment lost more than 20&percnt; of their value&period; To date&comma; the market has partially recovered&comma; now <strong>BTC<&sol;strong> is worth &dollar; 36 thousand&period;<br><br>The ability to work with <strong>cryptocurrency<&sol;strong> in the <strong>PayPal<&sol;strong> system appeared in November&period; Then the service allowed American users to buy&comma; store and <strong>sell Bitcoin<&sol;strong>&comma; <strong>Ethereum<&sol;strong>&comma; <strong>Litecoin<&sol;strong> and <strong>BitcoinCash<&sol;strong>&comma; as well as use them to pay at 26 million points of sale&period;<br><&sol;p>&NewLine;

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