Still, it’s more good news for cryptocurrency, which is enjoying a new surge in interest thanks to Tesla’s big investment and CEO Elon Musk’s talking up of Dogecoin. The dollar, after all, is nowhere near as volatile as Bitcoin, where timing is everything: the value you’re cashing out can change so dramatically in a matter of minutes, that it could be the difference between paying over the odds, or potentially getting your item for next to nothing. It’s certainly appealing to people with plenty of cryptocurrency in their wallets, though with Bitcoin rising to a record high of over $48,000 yesterday, plenty of investors will be looking to hold on to their funds to see just how high it can go.Īnd while the idea of being able to pay for everyday goods using cryptocurrency is appealing, even with the added convenience of Apple Pay it’s still not as simple as using USD. “Adding Apple Pay and soon Google and Samsung Pay makes it easy and convenient to use the BitPay Card in more places from day-to-day items to luxury purchases.” Although 10,000 was critical resistance for the. However, that was just the first stop, according to Bitcoin expert Charles Edwards. In 2020 alone, Bitcoin has risen from a 3,800 low on Black Thursday, to a current high of just below 15,000 in around nine months. “We have thousands of BitPay Wallet app customers using the BitPay Card,” said BitPay CEO Stephen Pair. Crypto Expert Charles Edwards: The Bitcoin Train Has Left The Station.
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