Open Demo Account
Home / Market Update / Cryptocurrency / Bitcoin Jumps After Amazon Headlines

Bitcoin Jumps After Amazon Headlines

Adel 26 July, 2021 11:30 am Cryptocurrency, Market Update

Cryptocurrencies rallied strongly today, with Bitcoin surge during the morning by more than 15%, on news that Amazon may be adding cryptocurrencies as a payment method.

Elon Musk tweeted that this is the “big bang.”

The e-commerce giant is reportedly hiring experts for blockchain and cryptocurrency payments among the latest job announcements. By appointing a payments acceptance team, Amazon is seeking to develop Amazon’s blockchain and cryptocurrency strategy and develop a roadmap for getting the order into effect.

At a conference last week attended by Elon Musk, CEO of Tesla, Jack Dorsey, CEO of Twitter, and Cathie Wood, owner of Ark Invest, all declared their support for Bitcoin.

Tags

Check Also

As Inflation Cools, US Stocks Surge

The US stock market experienced a significant rally on Friday, fueled by a cooler-than-expected inflation …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends