In cryptocurrencies, Bitcoin prices fell after surging to $40,000 level after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking a “digital currency and blockchain product lead." The five-week intra-day high reached Monday comes after a long slide where it dipped under $30,000 from an April high of nearly $65,000. Bitcoin prices today were down nearly 3% to $37,082. Other cryptocurrencies like XRP, Litecoin, Cardano, Uniswap also plunged in the range of 4-7% over the past 24 hours. Elon Musk at “The B Word" conference, said he wants Bitcoin to succeed and that his space-exploration company SpaceX Inc. owns some.

Source: Mint July 27, 2021 02:26 UTC