Bitcoin price rose to more than $40K for just a week after a long sideways trend. The jump in Bitcoin's price comes after a rumor that tech companies will start accepting digital currency, plus the recent job posting of Amazon where they are looking for “an experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap.” This is on top of the recent interview with Elon Musk and Jack Dorsey.
Elon stated that Tesla will likely accept cryptocurrency payment #Bitcoin for vehicle purchases. If we can recall he mentioned back in May that they will suspend digital currency transaction due to environmental issue brought by Bitcoin mining.
Anyhow, I think this recent turn of events in cryptocurrency especially with NFTs and Gaming integration with Blockchain will accelerate mass adoption of cryptocurrency.
Related article: https://www.wsj.com/articles/bitcoin-jumps-20-to-a-six-week-high-11627287544
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