The trend to strengthen, Bitcoin value for sale Rp 125.39 million/coin

The trend to strengthen, Bitcoin value for sale Rp 125.39 million/coin

The price of Bitcoin is back in motion and shows the trend strengthened. At the beginning of this week, the price of Bitcoin was almost touching the US $9,000 per coin which became the highest value this year.

According to Bitcoin Price Index data, Bitcoin has touched the price of US $8.937 per coin or equivalent to Rp 128,421,115 (assuming US $1 = Rp 14,393). It was the highest level since the intraday high (highest level daily) on May 11, 2018.


Bitcoin

At about 09:50 Singapore time, Bitcoin prices rose more than 9% in 24 hours and traded approximately US $8, 788.87.

In general, cryptocurrencies have seen updates in the last few weeks and since the start of the year, the price of Bitcoin has climbed more than 140%. Even though the price of Bitcoin today hasn't touched the highest price of all time US $20,000 per coin by the end of 2017.

Reported by CNBC International, some major companies have experimented or released digital currency products. For example, Taiwan's smartphone maker HTC released a phone focused on helping people save their digital coins, while Facebook has reportedly made its own cryptocurrency.

Other cryptocurrencies have also increased higher on Monday. Ethereum, the second largest cryptocurrency based on value, climbed more than 7% of the previous day at around 09:50 am HK/SIN.

After being depressed, the value of Bitcoin returned to positive trends. The proof in the last four days of the Bitcoin value continues to stay away from the psychological point of US $9,000.

Based on Coinbase data on Monday (19/5/2019) at 10.00 WIB Bitcoin traded to US $10.502,95/BTC or equivalent Rp 126.39 million. This figure declined from the previous day where Bitcoin traded US $10.841, 34/BTC.

According to CoinMarketCap, the value of Bitcoin US $10.559/BTC or equivalent Rp 142.92 million. In the last 24 hours, the increase in Bitcoin transaction volume was 8.21% to the US $699,317 million. Currently, the market capitalization of Bitcoin reaches the US $180,28 billion.

Bitcoin had lost two-thirds of its value in a few weeks ago. Bitcoin was traded the US $6,000/BTC whereas in mid-December 2018 the value almost touched the US $20,000/BTC.

But thanks to a regulatory statement that has reduced concern in this currency trade, the value of Bitcoin is starting to recover again, even some analysts consider this hike has triggered a new buyer to enter the crypto market.

Within a week along with Thanksgiving celebrations, Coinbase markets buy Bitcoin International, having about 300,000 new users raising the Bitcoin value from about the US $8,000 to the US $10,000.

Reported from CNBC, Bitcoin first reached the price of US $10,000 on November 28 because of interest in cryptocurrencies increased sharply.

The financial research firm, Autonomous Next, estimated there were 167 crypto funds released last year. Their Data suggests 20 similar funds have been launched this year until 10 February, resulting in a total of 225 with approximately US $3.7 billion of managed assets.

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1 Response to "The trend to strengthen, Bitcoin value for sale Rp 125.39 million/coin"

  1. Let's examine how real estate blockchain startups are beginning to disrupt the housing industry and highlight the top ones working to accomplish this.

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