Bitcoin prices soar

By Associated Press

Jul 29, 2021 1:06 am

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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