The price action of the main cryptocurrencies with respect to the values reported yesterday have not varied fundamentally nothing, this if we consider that the Bitcoin as the leading cryptocurrency did not present any variation or volatility.
Now, beyond the little volatility that has exerted the price action within the cryptocurrency market, I wanted to share with you all a news that caught my attention and it is regarding how Ferrari will accept payments with cryptocurrencies in the US.
In this regard and according to Cointelegraph columnist Amaka Nwaokocha, "Ferrari's decision to accept payments in cryptocurrencies was driven by market demand and dealer requests, as they have numerous customers with investments in digital currencies."
According to Nwaokocha, "Ferrari will accept cryptocurrency payments for its luxury sports cars in the United States due to customer demand. The automaker also plans to accept crypto payments in Europe."
One tidbit that caught my attention from the aforementioned article is that "Ferrari's decision to accept cryptocurrency payments was driven by market demand and dealer requests, with numerous customers, including young crypto-savvy investors, having invested in digital currencies"
Decisions like those being made by Ferrari may be a necessary boost to the health of the cryptocurrency market.
SOURCES CONSULTED
Cointelegraph. Ferrari to accept crypto payments in the US. Link
OBSERVATION:
The cover image does not belong to the author: @lupafilotaxia, the image was taken from: Cryptoticker