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"Virtual Asset Payment Volume Increases by 8% Just One Week After US Election"

Source
JH Kim

Summary

  • Bitcoin surpassed $100,000, reaching an all-time high, while virtual asset payments increased by 8%.
  • Alex Yarovinski stated that virtual asset payment volume increased after the US election.
  • As demand for corporate virtual asset payment solutions grows, the need for accessibility and security is becoming more pronounced.

On the 7th (local time), the cryptocurrency specialized media Decrypt reported, citing a report from the cryptocurrency payment service platform NOWPayments, that Bitcoin (BTC) surpassed $100,000, reaching an all-time high, while virtual asset payments in the Merchant industry increased by 8%.

NOWPayments marketing manager Alex Yarovinski stated, "Virtual asset payment volume increased by 8% in just one week after the US election results were announced," adding, "Interest in virtual asset payments is growing at a different pace than previous cycles."

He also explained, "As demand for corporate virtual asset payment solutions grows, the need for accessibility and security is becoming more pronounced."

#Trending Coins
#Analysis
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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