Bitcoin breaks above $12.3K after PayPal says Venmo will become a BTC wallet

Bitcoin (BTC) gained almost 5% on Oct. 21 as bullish price action combined with fresh corporate adoption news to boost gains.

Cryptocurrency market daily performance overview from Coin360

PayPal takes BTC price to $12,400

Data from Cointelegraph Markets and Coin360 showed a strong 24 hours for bulls on Wednesday, with BTC/USD topping out at $12,400.

At press time, $12,300 formed the focal point, around an hour after Reuters reported that payment giant PayPal plans to support Bitcoin and other…


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