Bitcoin is down compared to yesterday but is holding its value around the $37,000 mark
What helped to boost bitcoin and other cryptos yesterday (26 July), has hindered its growth today. As Amazon has confirmed it will not be looking in to accepting bitcoin (BTC) as payment by the end of the year.
An Amazon spokesperson said: “Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true.”
Still, the e-commerce giant is still looking in to what accepting BTC “could look like for customers shopping on Amazon”.
What added to the Amazon rumor's was a job it posted yesterday, which stated that the company is looking for a ‘Digital Currency and Blockchain Product Lead’.
The company stated that the successful applicant must have expertise in “Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurrency” and will “drive overall vision and product strategy, and gain leadership buy-in and investment for new capabilities”.
Bitcoin, Ethereum and other cryptosAccording to Currency.com, BTC ended yesterday on $37,253 and rose by 5.18% on the day. It has since risen slightly and the cryptocurrency current price is $37,313 as of 11.15 am today.
The volume of BTC has increased by 8.51% over the past day. CoinMarketCap lists eight out of the top 10 cryptos to be down over a 24-hour period, despite bitcoin managing to briefly reach $40,000 yesterday. BTC is down 2.51% over the past 24-hours.
Like bitcoin, Ethereum (ETH), although it has fallen by 5.04% over the past day, has managed to hold its value around $2,209. Tether (USDT) is holding its value at $1, having only fallen by 0.01% over the past day.
Ripple (XRP) lies at $0.62, down 3.94% over the past day, and Dogecoin (DOGE), which Elon Musk tweeted about yesterday, is down by 8.87% and is now at $0.20.
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