Amazon $ Amzn announces an investment of $ 4 billion to launch the cloud infrastructure area in Chile: the effect of the encryption market | Flash news details

Amazon’s latest announcement of an investment of $ 4 billion to launch a new infrastructure area in Chile Tamulat through both stock markets and encrypted currencies, creates unique trading opportunities for smart investors. On November 12, 2023, at approximately 9:00 a.m. EST, Amazon (AMZN) shares witnessed a remarkable increase of 2.3 %, opened at $ 187.50 and a climax at $ 191.20 by midday, according to Yahoo’s financial data. This step reflects the increasing investor confidence in the Amazon global expansion strategy, especially in Latin America, where cloud computing and demand for digital infrastructure increases. The Chilean Infrastructure Officer of the Amazon Web Services (AWS), a major revenue engine for the company, is expected to refer to a long -term commitment to emerging markets. From the perspective of encryption, this news is important because AWS plays an important role in supporting Blockchain applications and decentralized applications (DAPS) through its developed cloud solutions. Many encryption projects, including major players such as ETHEREUM and Solana, depend on AWS to host the knot and data processing, which links Amazon directly to the ecosystem for encryption. This advertisement can indirectly provide optimism about the encryption space, especially for the symbols associated with decentralized infrastructure and cloud computing solutions, as institutional interest in these technologies may rise in addition to Amazon’s expansion.

The commercial effects of Amazon investing $ 4 billion extending to the shares of Amzn and in the encrypted currency market, as the links across the market have become increasingly clear. As of November 12, 2023, at 1:00 pm EST, Bitcoin (BTC) witnessed a modest increase of 1.8 %, trading it at $ 69,500 on Binance, while ETHEREUM (ETH) gained 2.1 %, reaching $ 2,650 on Coinbase, for all living market data from Coingecko. These movements indicate a feeling of risks in the encryption market, and are likely to be affected by positive developments in technology shares such as Amazon. The distinctive symbols are directly associated with decentralized cloud computing, such as the AKASH (AKT), by 5.7 % to $ 2.45 within hours of news, with the trading volume increased by 43 % to $ 12.3 million on Kucoin as of 2:00 pm EST. This indicates that merchants are betting on increasing demand for decentralized alternatives to traditional cloud services. In addition, the shares associated with encryption and traded investment funds, such as BitWise Defi & Crypto Industry (BITW), witnessed a rise of 1.5 % to $ 11.80 by 3:00 pm East US time, according to Marketwatch data. This association highlights how institutional funds from traditional markets can flow into encryption assets, creating opportunities for merchants to take advantage of momentum in both sectors while monitoring appetite seizures.

From a technical perspective, the market response to the Amazon announces practical visions of encryption traders. On the BTC/USD pair, as of November 12, 2023, at 4:00 pm EST, the Bitcoin Relativity Index stood on the graph for 4 hours at 62 in Tradingvief, indicating the upscale momentum but about the proximity to an attractive area. BTC trading volume on Binance increased by 28 % to $ 1.2 billion in 24 hours after the news, reflecting the increasing activity. Likewise, ETH/USD showed an outbreak over its average moving for 50 days at $ 2620, with an increase of 35 % to $ 850 million on Coinbase by 5:00 pm EST. For the AKASH (AKT/USD), the main resistance level was tested at $ 2.50 several times, with data on the series from CoinMarketcap showing an increase of 15 % in the active addresses to 8400 in the same time frame. These indicators indicate short -term upward trends of encryption assets associated with infrastructure topics. Meanwhile, the Amazon stock scheme on the daily time frame showed a higher break than the moving average for 200 days at $ 185.00, with a volume of 18 % to 45 million shares by 6:00 pm EST, for every Yahoo Finance. The strength of the cross market emphasizes a wider risk environment, as institutional investors can allocate capital for both technical shares and encryption.

The relationship between the performance of Amazon shares and the Crypto market is especially related to traders looking to hedge or diversification. Historically, positive developments in technology giants such as Amazon increases institutional interest in Blockchain technologies, as it appears in high ETF encryption flows. On November 12, 2023, at 7:00 pm EST, Grayscale’s Bitcoin Trust (GBTC) told net flows of $ 35 million, according to the official Twitter update, indicating institutional confidence. This flow of capital is highlighted between traditional assets and digital interconnection between these markets. Traders should monitor potential retreats in BTC and ETH if Amzn faces profits, as technology shares often discourage encryption morale. In general, Amazon from Investment operates as a motivation for both markets, providing opportunities to trade momentum in infrastructure symbols with the wider correlation to monitor the markets and institutional movements.

Instructions:
What does Amazon investing $ 4 billion in Chile for encryption traders mean?
Amazon investment, which was announced on November 12, 2023, enhances AWS, which supports many Blockchain projects. This led to an increase in prices in symbols such as Akash Network (AKT), by 5.7 % to $ 2.45 by 2:00 pm EST, modest gains in Bitcoin and Ethereum, reflecting the risk feeling.

How can traders benefit from the high Amazon shares in the encryption market?
Traders can search for momentum in decentralized infrastructure features such as AKT, BTC and ETH monitoring to achieve associated gains, and tracking traded investment funds such as BITW for institutional flows. As of November 12, 2023, at 3:00 pm EST, BITW increased by 1.5 % to $ 11.80, indicating possible opportunities.