Bitcoin roared today, all thanks to Amazon.
Days after the company posted a job relating to crypto, rumors are circulating that the tech giant might accept Bitcoin as a payment. Supposedly, Amazon is even considering developing their own token for 2022, according to an insider. 🤭
So far, Amazon has denied both rumors, saying the company continues to “explore cryptocurrencies.”
As if The B Word boost and bullish sentiment weren’t already helping Bitcoin enough, Bitcoin rallied on the news. It touched $40K and climbed over 17% in the last 24 hours. The entire crypto ecosystem jumped as other popular coins turned green, too:
- Ethereum, the second-largest cryptocurrency, was up 12% in 24 hours.
- Dogecoin, the best memecoin, soared 14%.
- Aave, an open-source and non-custodial protocol on Ethereum’s blockchain, jumped 18%.
- ChainLink, a decentralized oracle network, climbed 14%.
Will Amazon and Bitcoin make it official later this year??
Time will tell.