Bitcoin falls from highs after Amazon denies reports of accepting the currency. CoinDesk Indexes Managing Director Jodie Gunzberg joins Yahoo Finance Live to discuss.
Paul Schatz, Heritage Capital President, joins Yahoo Finance Live to discuss the market reaction to earnings season and looking ahead to this week’s Fed meeting.
Amazon has responded to a rumour about bitcoin that helped send the market into a frenzy – before it settled back down again. Over the weekend, speculation began that the company was looking to move into supporting bitcoin, potentially for payments. Given the extra legitimacy and promotion the move would make, it helped support the price of all cryptocurrencies, which made huge gains over Monday.