NEW YORK: Bitcoin's price surged again on Monday (Tuesday in Manila) 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 14 percent in the past 24 hours, nearly reaching $40,000 per unit before settling closer to $37,000. The five-week intraday high reached on Monday comes after a long slide where it dipped under $30,000 from an April high of nearly $65,000.
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