NEW YORK (AP) — Bitcoin’s price surged again Monday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking a “digital currency and blockchain product lead.” Bitcoin jumped more than 12% in the past 24 hours, nearly reaching $40,000 per coin before settling closer to $37,000. The five-week high reached Monday comes after a long slide from an April high of nearly $65,000. There is also speculation that the price surge may have also been partially due to traders buying up bitcoin to fill positions they were short on.
Bitcoin jumps on speculation that Amazon considering crypto
