With Bitcoin rising to over $100,000 last December, a historic high, the non-custodial cryptocurrency payment gateway NOWPayments reported an increase in adoption rates as more businesses turn to cryptocurrency payment solutions to meet consumer demands. NOWPayments marketing manager Alex Yarovinski stated, "During the previous milestone of Bitcoin prices, we observed an overall adoption rate of cryptocurrency payments increase by 8% within just a week," noting that this growth was measured by comparing data from one week before and after the results of the U.S. elections.
Yarovinski added that the current market conditions "show a more optimistic trend, with growing interest in cryptocurrency payments, although the pace is different from previous cycles." (Decrypt)