Skip to content
Subscriber Only

Bitcoin Steadies After Foray Past $40,000 on Amazon Speculation

  • More than $950 million of crypto shorts liquidated Monday
  • Amazon spokesperson denied it will accept token this year
Updated on

Bitcoin held below $40,000 after Amazon.com Inc. pushed back against speculation it will accept the token for payments this year.

The largest digital currency was little changed at $37,532 as of 11:37 a.m. in London. Rival coins including Ether retreated.