Crypto News

Bitcoin's Impressive Rally The world's largest cryptocurrency by market capitalization has been on a tear since the start of October, surging over 30% in just two weeks. This impressive rally has been fueled by several factors, including PayPal's announcement of allowing its users to buy, sell, and hold cryptocurrencies, including Bitcoin, on its platform. Additionally, the ongoing economic uncertainty caused by the COVID-19 pandemic has also led many investors to turn to Bitcoin as a hedge against inflation. Concerns of a Correction While Bitcoin's recent surge has been welcomed by many in the crypto community, some experts have raised concerns about the possibility of a correction in the near future. With the US Presidential election just around the corner, there are fears that the uncertainty surrounding the outcome could lead to a sell-off in the markets, including Bitcoin. Additionally, some analysts have pointed out that Bitcoin's rally may have been o...