The stocks of PayPal hit a new high on Monday that has outperformed Nasdaq and the broader U.S. stock market. From 12th November, the technology-focused Nasdaq has gained around 6.5%. At the same time, the broad S&P 500 Index of large-cap stocks is up by 3.5%. There are some analysts who believe, bitcoin's higher price could have a positive effect on PayPal’s prospects.