Bitcoin jumped by 5 thousand dollars at the beginning of Monday and is approaching the round mark of $40,000.
Last Tuesday, the first cryptocurrency fell below $30,000.
Traders were inspired to buy by rumors that the Amazon giant plans to start accepting bitcoin before the end of the year.
The world's largest e-commerce platform Amazon will start accepting bitcoin by the end of this year, the business publication City A.M. reported on Sunday, citing an "insider".
The rumors about this are based on a vacancy for the head of the cryptocurrency and blockchain direction, which the company published last week. It says that Amazon needs an employee who could use "experience in the field of blockchain, distributed ledger, digital currencies of central banks and cryptocurrencies" to implement "the necessary capabilities".
Similar rumors about the possibility of accepting cryptocurrencies in Amazon have repeatedly appeared on the network over the past years, but the company has always denied them. However, over the past time, other major players have started working with cryptocurrencies, for example, PayPal has allowed its customers to buy bitcoin and pay them with outlets on the platform.
As it became known later, a well-known member of the CryptoCobain crypto community said that he was the author of the rumor.
Bloomberg expert Mike McGlone believes that bitcoin will return to $60,000 rather than fall to $20,000. He builds his forecast on the basis of "similar periods of recovery from too cool conditions in the past."
Meanwhile, the options market estimates the probability of Bitcoin rising to a new maximum above $64,800 by the end of the year at only 8%, and only 2% of bidders put on growth to six-digit marks.