Bitcoin surges as Amazon hints it may embrace crypto

The price of bitcoin surged Monday morning to as high as $39,770 per coin after a job posting from Amazon hinted that the company is considering embracing cryptocurrencies.

The price of the digital currency was last seen trading almost 11 percent higher, at $38,200 per coin, according to Coinbase data. That brings its price back to levels not seen since mid-June and comes after weeks of difficult trading that saw bitcoin slip briefly below $30,000 per coin last week.