Cryptocurrencies have managed to quickly return to the upside, after they succeeded in absorbing the shock of Amazon's denial of its intention to accept payment in the first digital currency Bitcoin quickly.< /p>
Cryptocurrencies have been on a bull run over the past week following The B-Word conference, which gained strong support from Elon Musk, Kathy Wood and Jack Dorothy.< /p>
However, the bulls' bet on Bitcoin exiting the sideways tunnel between the $30,000 and $37,000 levels appears to be paying off.
Bitcoin rose, today, Wednesday, in early trading, above the $40 thousand levels for the second time in a week.
While the pace of the number one currency rise calmed during those moments, reaching levels of 39.8 thousand dollars, while it was its lowest level within 24 hours at 36.9 thousand dollars.
Altcoins also rose on the impact of the bitcoin boom, to jump for Ethereum to levels of $2.3 thousand, an increase of more than 3%.
Binance Coin increased 2.5% to $312 levels, while its market capitalization jumped to $52.5 billion.
Cardano, the fourth largest cryptocurrency by market value, rose to $1.27, while its value reached $41 billion.
Ripple rose strongly to levels of $0.667, while the market value reached about $30 billion.
Elon Musk's Dogecoin increased about 2% to reach the highest levels of $0.2 while its market value is now around $27 billion.
