Bitcoin Surpassed the $ 18K Level

Bitcoin Surpassed the $ 18K Level Bitcoin surpassed the $ 18K level. Increasing coronavirus cases around the world accelerated Bitcoin earnings while increasing the search for safe haven. Bitcoin has exceeded $ 18 thousand. In the coronavirus epidemic that emerged in Wuhan, China, the change in pricing due to the acceleration of the number of cases continued Bitcoin's upward movement. Bitcoin surpassed the $ 18,000 level, reaching its highest burning since December 2017. Bitcon reached close to 10 percent of the record level it had seen before. According to the evaluation made by cryptocurrency analysts, the continuation of this movement in Bitcoin may cause the peak levels to reappear. With the increase of the effect of the epidemic again, the decision of Paypal for cryptocurrency transactions in addition to the safe harbor purchases also had an impact on the upward momentum. In its previous statement, the company announced that the waiting list application on cryptocurrency transactions in the USA has ended. This paved the way for users in the USA to buy and sell crypto directly within their PayPal accounts. The company also announced that it increased its weekly cryptocurrency transaction limit from 10 thousand dollars to 20 thousand dollars in line with the demand. Bitcoin rallied towards the end of 2017 and reached its all-time high, surpassing the $ 19,000 level. At the beginning of 2018, there was a rapid decrease in Bitcoin prices.