Amazon denial

Amazon Bitcoin

Amazon denies cryptocurrency rumors, and Bitcoin drops in value

The ever-volatile price of Bitcoin took another turn as Amazon denied recent rumors that it is looking to accept the cryptocurrency as a form of payment.

Speculation about the online retailer's embrace of Bitcoin and other cryptocurrencies, as well as rumors of tokenization, caused a Bitcoin surge at the weekend. But now the company has spoken out to deny the suggestions, the value has tumbled again.

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