Bitcoin Rallies Above $13K Less Than 24 Hours After Breaking 2020 Highs

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51 at 22:22 UTC by press time, representing a 8.7% gains in the past 24 hours, according to CoinDesk's Bitcoin Price Index.

86.The oldest cryptocurrency has continued its price rally after payment giant PayPal announced that it will allow its users to buy, sell and hold cryptocurrencies.

The new service initially will support bitcoin, bitcoin cash, ether and litecoin.

Prices for bitcoin cash, ether and litecoin also rallied on the news, up between 7% and 13%in the past 24 hours.