Sunday, 17 October 2021 11:56 GMT

Amazon: Bitcoin job announcement increases cryptocurrency price

(MENAFN) Some cryptocurrencies saw an upsurge in price, after retailer Amazon stated that it was employing a specialist in the area.

It promoted for a "digital currency and blockchain product lead" to observe "how Amazon's customers pay".

Bitcoin increased from USD29,000 (£21,000) to over USD39,000 per coin on Monday, July 26, its main expansion in several weeks. Ethereum and Dogecoin also witnessed gains.

Though, Amazon has not affirmed any plans to accept cryptocurrency payments, in spite of the speculation.

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