Bitcoin leaps 12% to test recent peaks

FILE PHOTO: Representation of cryptocurrency Bitcoin is placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/IllustrationSINGAPORE: Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week and while traders hoped a handful of positive comments from influential investors might signal a turnaround in fragile sentiment.

Twitter boss Jack Dorsey also said last week that the digital currency is a"big part" of the social media firm's future and, on Sunday, London's City AM newspaper reported - citing an unnamed"insider" - that Amazon is looking to accept bitcoin payments by year's end.

1/2_With Singapore having one of the most welcoming frameworks for crypto in SEA and arguably the world, it would do CNA well to have specialist reporters in crypto. Instead of relying on Reuters for a shallow understanding of Bitcoin of example, a specialist report would....

bitcoin A few hours ago I thought 42k was possible, but seeing the price tanking to 39k area, now I think 45k is a more likely target. Ckcrpyt is a super underrated bitcoiner I’ve been following her tweets and tips seriously & I’ve been doing really great Follow her $BTC

Ultimately, the $BTC bulls will regain control in the short-term upon Weekly Close above the $38K area I’ve been following btcadd tweets and predictions seriously and I’ve been holding firmly she’s an underrated specialist in crypto Follow her

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