How will the Bitcoin integration with Shopify shape its value?

Bitcoin BTC/USD is the largest cryptocurrency in terms of market capitalization and has remained in the number one spot ever since its creation.

The Bitcoin network is one of the largest networks to truly grasp the attention of the general population and, as such, is being integrated just about everywhere.

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Specifically, the Bitcoin Lightning Network seems to be getting closer to mass adoption.

Strike has announced that it will integrate with Shopify

Throughout the Bitcoin 2022 conference that took place in Miami, the Bitcoin Lightning Network is getting closer to mass adoption. 

This is due to the fact that Strike, which is a global digital payments platform built on top of the BTC network, announced that it will integrate with Shopify and it will partner with the payments firm Blackhawk and NCR.

Specifically, the creation of an alternative to the traditional payments system, such as this integration, will result in a quick and cheap service that brings many benefits to the overall consumer chain and will be available on a global scale for anyone that has a Lightning Network wallet.

According to the announcement, any website that uses Shopify online card transactions can process payments using Bitcoin’s Lightning Network. The biggest retailers in America that utilize this include  McDonald’s, Walmart, Home Depot and even Best Buy.

We also covered how Robinhood announced a Lightning Network integration.

Should you buy Bitcoin (BTC)?

On April 8, 2022, Bitcoin (BTC) had a value of $43,763.12.

In order for us to get a better perspective as to what kind of value point this is for the BTC cryptocurrency token, we will be going over its all-time high value alongside the performance the token showcased throughout the previous month. 

The all-time high point of value of the Bitcoin (BTC) cryptocurrency token was on November 10, 2021, when it reached a value of $69,044.77. 

Here we can see that at its ATH, the token was $25,281.65 higher in value or by 57%.

When we go over the performance of the token throughout the previous month, Bitcoin (BTC) had its lowest point of value on March 7, when it decreased to a value of $37,351.3.

However, its highest point was on March 28, when it increased to $47,938.14. This gives us an indication that the BTC cryptocurrency token increased in value by $10,586.84, which is a 28% increase.

With all of this in mind, we can expect the Bitcoin (BTC) token to reach a value of $48,000 by the end of April 2022, making it a solid purchase.