Amazon listed a job opening for a digital currency and blockchain product lead, sending cryptocurrencies soaring Monday.
Bitcoin climbed to a six-week high of nearly $39,043, while ethereum reached $2,363. Dogecoin was last trading at about 22 cents per coin, giving it a $28.8 billion market cap. As of Monday afternoon, both bitcoin and dogecoin had soared more than 14% over the past 24 hours, according to Coinbase. And ethereum went up nearly 12% over that period.Typically, when Amazon is rumored to enter a new market, stocks of soon-to-be rivals tumble.
Read More"We're inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon," a spokesperson for the company told CNN Business."We believe the future will be built on new technologies that enable modern, fast and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible.
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