Bitcoin surged near 40,000 US dollars after speculation started that Amazon is preparing to join the crypto industry.
Amazon published a job ad according to which they were looking for a “digital currency and block chain product lead”, who will have to monitor “how Amazon’s customers pay”. This caused a rally for Bitcoin, Ethereum and Dogecoin.
This 30% jump in the Bitcoin price occurred even though Amazon actually declined to confirm whether they are planning to start accepting cryptocurrencies for their products in the future.
Source
Now Bitcoin has dropped back well under 40,000 US dollars. Unfortunately, Bitcoin remains incredibly prone to being affected by rumours, tweets and uncomfirmed information. There is no indication that Amazon actually intends to start accepting Bitcoin, but that did not stop the surge.
Amazon published a job ad according to which they were looking for a “digital currency and block chain product lead”, who will have to monitor “how Amazon’s customers pay”. This caused a rally for Bitcoin, Ethereum and Dogecoin.
This 30% jump in the Bitcoin price occurred even though Amazon actually declined to confirm whether they are planning to start accepting cryptocurrencies for their products in the future.
Source
Now Bitcoin has dropped back well under 40,000 US dollars. Unfortunately, Bitcoin remains incredibly prone to being affected by rumours, tweets and uncomfirmed information. There is no indication that Amazon actually intends to start accepting Bitcoin, but that did not stop the surge.
