Bitcoin Rips Higher To $13,000 on Continued Fiscal Stimulus Excitement

Bitcoin has continued to explode higher over the past 24 hours. The coin now trades for $12,750, around 7% higher than it was just 24 hours ago. This latest leg higher in the Bitcoin price can be pinned to two fundamental news events: PayPal adding crypto and more fiscal stimulus coming. Bitcoin Rallies Higher as Stimulus Talks Continue Bitcoin has continued to explode higher over the past 24 hours. The coin currently trades for $12,750, around 7% higher than it was just 24 hours ago. This has made it one of the best performing macro assets of the past day. Not to mention, the coin is also seriously up over the past week, having bottomed at $11,200 last week on news of OKEx freezing withdrawals. It appears that this latest leg higher can be pinned to two fundamental news events that should drive further capital into Bitcoin and other digital…

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