Bitcoin Hits Six-Week High Amid Amazon Crypto Rumors

After a volatile few weeks, Bitcoin hit a six-week high, trading close to $39,000 early Monday morning. Investors say this could be because of a few things: short positions being liquidated, comments from bullish investors like Tesla CEO Elon Musk, and rumors that Amazon will begin to accept Bitcoin and other digital currencies before developing its own. Token Metrics Founder and CEO Ian Balina weighs in on Bitcoin's latest rise and why Amazon's rumored foray into the sector would be a big deal.
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