The price of bitcoin has broken above $4,000 for the first time since early January, as cryptocurrency markets continue their recent surge.
In January, a leaked photo of the iPhone rival suggested the handset will come with an in-built cryptocurrency wallet that support both bitcoin and ethereum.
Several other smartphone makers have included in-built cryptocurrency wallets in their phones, such as the HTC Exodus and the Sirin Finney.
If the South Korean electronics giant features a wallet, it could signal a major shift towards such technology being standard on smartphones, helping cryptocurrencies achieve mainstream adoption.
Market experts say the latest gains are the result of increased positivity surrounding cryptocurrencies in recent days.
“These gains are clearly creating a wave of optimistic sentiment throughout the crypto community, with market volume up by $8 billion in the last 24 hours," Mati Greenspan, senior market analyst at the online trading platform eToro, told The Independent.
"Market volume is now above $36 billion and we haven’t seen these levels since April 2018. But, until Bitcoin breaks above the much-needed psychological level of $5,000, the bear market is still very much in play.”
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