Bitcoin Price Drops $1,000 In 12 Hours After Amazon Dispels Bitcoin Integration Rumors

The Bitcoin Price lost $ 1,000 within 12 hours after an Amazon spokesman confirmed the company would not add bitcoin to the platform. The day after the news that the company had adopted Bitcoin, which saw a big price rise, it is now starting to fall.

Rumors of Amazon spread to the market and made big gains on kriptorynke. Coins such as Bitcoin and Dogecoin earned more than 10% on their rewards in just 24 hours. Kriptorynok recorded significant growth, because in a short period of time there were hundreds of millions of short positions in the market.

Read About / Over $ 800 Million Bitcoin Shorts Price Up 12% In 24 Hours

As news of the bounce market spreads, prices continue to fall on the board. Cryptocurrencies such as Bitcoin and Ethereum have dropped in their prices over the past 12 hours.

Amazon Interested In Cryptocurrencies
A company representative denied all rumors that Amazon is integrating bitcoin into its platform and will create its own private token. But that doesn’t mean the company has shown no interest in the cryptocurrency industry. Amazon will continue to explore the space and see what it does for its customers, according to a spokeswoman.

“Despite our interest in space, the speculation that has arisen around our specific plans for cryptocurrencies is not true. We remain focused on learning what it might look like to shoppers on Amazon.”

BTC lost $ 1000 in the Amazon comment below / source: BTCUSD on TradingView.com
In particular, no cryptocurrency was mentioned in the email correspondence with CoinDesk, which dispelled the rumors. But bitcoin, the leading cryptocurrency in the market, as a rule, is always the first point of contact when companies decide to dive into cryptorynok.

Future Market Impact
A continuation of this strip can cause the price of the asset to fall further.

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