#CryptoUsersHit18M Based on data from Coinmarketcap, Friday (5/26/2023) the price of one Bitcoin is around USD 26,451 or equivalent to IDR 395.5 million (assuming an exchange rate of IDR 14,952 per US dollar). Reported from the crypto exchange site Pintu, the price of Bitcoin in 2010 was worth USD 0.30 on December 31, 2010 or equivalent to IDR 4,485.
$BTC Bitcoin's current price is $99,246.09, with a 24-hour trading volume of $38.74 B. BTC is down -2.41% in the last 24 hours. Currently, Bitcoin's price is down -4.21% from its 7-day all-time high of $103,605.01, and down 6.81% from its 7-day all-time low of $92,921.80.
#BTCReclaims101K Bitcoin's current price is $99,246.09, with a 24-hour trading volume of $38.74 B. BTC is down -2.41% in the last 24 hours. Currently, Bitcoin's price is down -4.21% from its 7-day all-time high of $103,605.01, and down 6.81% from its 7-day all-time low of $92,921.80.
BlackRock CEO Larry Fink, once a bitcoin skeptic, now calls it "digital gold." Other major firms such as Franklin Templeton have also launched ETFs for bitcoin and ether.
Quoted by CNBC, Franklin Templeton CEO Jenny Johnson said in May that the current increase in bitcoin prices was due to "the first wave of early adopters." She also predicted that the next wave would come from "much larger institutions" who would buy crypto funds.
On Wednesday (8/18/2024) Singapore time, bitcoin was trading near USD 60,440 or around IDR 923 million. Although Teng declined to provide a specific price prediction, he noted that cryptocurrency prices tend to "warm up" about 160 days after bitcoin experiences a technical event known as a "halving." The last event occurred in April.
According to Teng, the crypto market is currently "nine days away from that 160-day deadline."