Cryptocurrencies

Bitcoin Tumbles After Reaching $40,000 on Amazon Speculations

  • Retailer’s digital currency job ad followed by payment denial
  • Short covering added to the rally for the largest token
Bitcoin Climbs Near $40,000 on Amazon Crypto Speculation
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Bitcoin fell below $37,000 after briefly surpassing $40,000 following Amazon.com Inc.’s denial that its job posting for a digital currency executive meant that it will accept the token for payments this year.