Amazon Opens Crypto Money Related Jobs, Raises Cryptocurrency Prices

Amazon recently opened a new job opening for the Product Lead position for Digital Currency and blockchain. This brings positive sentiment to the cryptocurrency market as the possibility of the company founded by Jeff Bezos becoming more and more involved in the world of digital money is increasingly open. Cryptocurrency prices also rose in trading Monday (26/7/2021) United States time. Reporting to CNN, on Tuesday (27/7/2021) the price of bitcoin reached its highest point in the last six weeks, which was in the range of 39,0043 US dollars per chip.

Meanwhile, the Ethereum price is in the range of 2,363 US dollars. In trading Monday afternoon local time, CNN quoted Coinbase as saying, bitcoin and dogecoin prices shot up more than 14 percent in the last 24 hours. Meanwhile, the price of Ethereum rose 12 percent in the same period.

However, the price of bitcoin in today's trading was slightly corrected again, which was 3.71 percent to be in the range of 36,842 US dollars per chip. However when compared to the same trading time a week ago, the price of bitcoin rose 24.48 percent. Usually, when Amazon is rumored to be entering a new market, the share price of a competing company will be correct. However, Amazon's new job vacancies regarding the company's involvement with the crypto market have created positive sentiment. Because, in addition to showing the future of Amazon, which is expected to be increasingly involved with the crypto-asset market, it will also strengthen the position of the digital currency sector.

In a vacancy posted on Thursday (22/7/2021) last week, Amazon emphasized that it is looking for workers who have a deep understanding of the cryptocurrency ecosystem and related technologies. The role was opened to fill Amazon's Payment Acceptance and Experience teams. It could be, that Amazon is opening the possibility to accept crypto assets as a means of payment in the near future. "We are inspired by the innovation that is taking place in the cryptocurrency market, and we are exploring how something similar can be done at Amazon," a company spokesperson told CNN Business.

"We believe the future will be built on new technologies that require modern, fast, and inexpensive transaction services, and we look forward to bringing that future to Amazon's customers," the company explained.