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Wed, Jan 13, 2021 7:00 PM by The Daily Hodl

Bitcoin’s Wild Price Action Will Benefit PayPal and Square Even if BTC Plummets, Says Analyst – Here’s Why

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Mizuho Securities analyst Dan Dolev says payment giants Square and PayPal are poised to benefit from Bitcoin’s wild price movements even if the leading cryptocurrency falls off a cliff. In a new CNBC interview, Dolev explains that Square’s revenues have traditionally gone up even when Bitcoin was in bearish territory. “We did some work. We […] The post Bitcoin’s Wild Price Action Will Benefit PayPal and Square Even if BTC Plummets, Says Analyst – Here’s Why appeared first on The Daily Hodl.

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