Amazon has denied plans to accept cryptocurrencies

After the publication of the London newspaper City AM, the first cryptocurrency rose by 14.5%, exceeding $40,000. However, Amazon’s denial dropped the price below $37,000.

Bloomberg reporter Carolyn Hyde tweeted that Amazon is interested in the crypto space, but denied adding crypto payments.

Current price volatility is part ofmultiwave correction, experts say. In the short term, the price could still rally before another potential fall occurs, which completes the correction. Analyst Michael van de Popp has previously warned against being overly optimistic.

Splash on Monday brought back to lifecryptocurrency markets after months of depression. On Binance, bitcoin perpetual contracts jumped 30% in an hour in early New York trading, showing the extreme volatility of one of the most liquid derivatives.

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