The good news for those who hold the world's most popular digital currency, the bitcoin, is that its value has risen sharply in less than a month.
In recent weeks, the price of bitcoin has dropped from 60 60,000 to 30 30,000 due to the crackdown on digital currencies in China and other reasons.
However, on July 26, the value of the bitcoin increased by 12.5% and reached close to 40 40,000.
The price of the bitcoin has been above the 39 39,000 mark for some time, which happened for the first time since mid-June.
The rise in bitcoin prices has been fueled by rumors that e-commerce company Amazon is planning to use cryptocurrencies.
The rumors began to spread last week when the company advertised for a job in the digital currency and blockchain product lead.
"We need an experienced product leader who can shape Amazon's digital currency and blockchain strategy and develop a product roadmap," the ad said.
Company sources later told the media that the bitcoin could be accepted as a payment by Amazon by the end of this year.
Sources also said that the company is also considering accepting other currencies and may introduce its own digital currency in 2022.
According to sources, it will start with bitcoin which will be the most important initial stage of the crypto project and these instructions have come directly from Jeff Bezos.
Sources said that the company has been working on the projects since 2019 and is now ready to introduce the project to a large extent.
If these rumors prove to be true, it will be a significant development for cryptocurrencies and increase their acceptance among the people.
Amazon's acceptance of bitcoins will drive countless people to the sector and significantly increase the use of digital currency globally.