Square's Bitcoin Payments Rollout Ignites Bullish Adoption Momentum for BTC at $77,530
Block's Square has auto-enabled Bitcoin payments for its U.S. merchants (excluding New York), potentially accelerating BTC's role as a medium of exchange amid its $77,530 price. Launched March 30 with no fees through 2026, instant settlements, no chargeback risk, and USD settlement options, the feature targets Square's network that processed $250 billion in payments in 2025 and serves over 4 million merchants. Analysts see this as a structural demand catalyst complementing Bitcoin's store-of-value narrative and 16,000% 10-year return, though adoption may grow gradually due to consumer habits.