Thursday, June 18, 2026

Bitcoin climbs on speculation that Amazon will accept it as payment


Bitcoin Due to speculation that Amazon may begin to accept this cryptocurrency, the price reached more than $39,000 in the early hours of Monday morning.

A sort of Encryption-related job advertisements The news published on Amazon’s website has driven the price of Bitcoin soaring because it is looking for an executive to formulate its “digital currency and blockchain strategy”, as originally reported. CoinDeck.

This prompted analysts to wonder whether the new hires would cause Amazon to accept Bitcoin as a payment method on its e-commerce platform. Bloomberg Say.

Amazon spokesperson told NBC Finance Channel The company is “inspired by innovations in the cryptocurrency space and is exploring what this will look like on Amazon.”

After the news came out, as of early Monday morning, Bitcoin had risen by more than 11% to $38,456. CoinDeskAccording to Bloomberg News, earlier in the day, the price was within a few hundred dollars of 40,000 US dollars.

As of 6:55 am, Ethereum is up nearly 9%, while XRP is up more than 10% Dogecoin The price is just over 14% at the same time.

According to the source London City Morning According to reports Business insider, Amazon may start accepting Bitcoin by the end of 2021 or earlier, and has been making these plans since 2019.

The price increase of Bitcoin and other currencies also comes from positive comments Tesla CEO Elon Musk, Twitter founder Jack Dorsey and ARK Invest CEO Cathie Wood in “B word” Last week’s activities.

In a Bitcoin-focused event, Musk announced Tesla Will open to accept currency after Stop payment In May, when energy usage is inefficient Currency miningThe computers used in Bitcoin mining use a large amount of energy that is considered inefficient to solve complex mathematical problems.

Dorsey also stated that Bitcoin will also become part of the future of Twitter and Square.

The increase will follow US$940 million On Monday, when a large number of global stocks were sold off, the cryptocurrency market was erased, and it was later discovered that Stop and Termination Letter The New Jersey Attorney General issued an order to the crypto lending company BlockFi to stop all interest-bearing accounts. Forbes Say.




Photo: Pixabay.com





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