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Bitcoin Pops on Speculation that Amazon Could Enter Crypto Market

The price of bitcoin notched a six-week high on Monday on speculation that amazon might be getting in on the crypto action. It comes after the e-commerce giant posted a job opening for a "blockchain and digital currency expert," who would be responsible for developing the company's "product road map" in the space. While Amazon has denied these reports, investors and customers are left wondering how game changing this move would be.

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