After the world’s largest and most popular cryptocurrency received a welcome boost last week, as investors faith in Bitcoin was restored by the coin’s recovery from recent dips below $30,000 in value, the coin saw an even greater spike this morning (July 26).
Fears that Bitcoin was in a bear market seem to have now been soothed, as the news of Bitcoin’s potential acceptance by Amazon sent prices skyrocketing today for the crypto market across the board.
This also comes after the coin was buoyed by tech guru Elon Musk during his appearance at major Bitcoin conference and project launch, The B Word.
Appearing in a conversation with Twitter and Square, Inc founder and CEO Jack Dorsey, the B Word saw the launch of a new organisation promoting institutional acceptance of the coin, with Musk helping to deliver a boost to coins like Dogecoin and Ethereum as well as Bitcoin after Tesla suspended…
