In a dramatic pushup, Bitcoin (BTC) broke the $38,000 mark this morning after hovering near the $34,000 level for the majority of the day. A crazy one-hour early morning today witnessed a gain of 10 per cent (more than $3,000 increase in price) as $100 million worth shorts were liquidated in this period. BTC futures on the Binance exchange spiked to $48,000 levels briefly. Speculations of Amazon enabling crypto payments later this year may have led to this sudden surge.