US President Donald Trump's policy of implementing reciprocal tariffs on its trading partners directly shook the global financial markets. Not only did it pressure the US stock market, but this policy also caused the price of Bitcoin
to plunge from 87,000 US dollars (around IDR 1.39 billion) to 83,000 US dollars (around IDR 1.32 billion). Conversely, gold prices surged sharply approaching 3,200 US dollars per ounce or around IDR 51 million per ounce, reflecting a surge in investor interest in hedge assets amid concerns over escalating global trade wars.
$USDC or USD Coin is a stablecoin that is pegged 1:1 to the US dollar or can be referred to as digital dollars. A stablecoin is a crypto asset that has the same value as a specific asset, such as currency and gold. USDC is issued by the Centre Consortium, a collaboration between Circle Internet Financial and Coinbase. USDC is the most liquid stablecoin because its entire asset reserve consists of 100% cash (US dollars) and short-term US government bonds. The funds are also managed by leading US companies such as Blackrock and BNY Mellon.
Bitcoin Prices Have the Potential to Reach IDR 1.5 Billion in March
Bitcoin (⟨c-28/⟩) shows signs of recovery after experiencing selling pressure since the end of January 2025. This largest cryptocurrency has managed to return above USD 80,000, with the potential for further rallies towards USD 95,000 (equivalent to IDR 1.5 billion) before the end of March. According to Cointelegraph, BTC prices briefly fell below USD 80,000 on March 11, but rose again after the US Core Consumer Price Index (CPI) report came in lower than expectations at 3.1% on March 12. This data gives Bitcoin room to continue its bullish movement.
Bitcoin BTC0.95%-> has started a recovery wave above the $80,000 zone. Currently, Bitcoin (BTC) is rising and may attempt to break above the levels of $84,000 and $85,000. Bitcoin (BTC) remains strong above the $78,000 level. Bitcoin (BTC) has formed a base and recently started a recovery wave above the resistance level of $80,000. The bulls successfully pushed the price past the resistance level of $82,000. The price has also exceeded the 23.6% Fib retracement level of the downward wave from the high of $91,060 to the low of $76,820. However, the bears are now active near the resistance zone of $84,000.
Investors Confused as Bitcoin Continues to Decline
Bitcoin's price has once again surprised investors after falling below the $84,000 mark. In fact, in the past week, the crypto market has been cloaked in bullish fundamental news. Analysts previously predicted a surge in Bitcoin prices following the signing of the Strategic Bitcoin Reserve, but the reality in the market is showing the opposite trend. In the last 24 hours, Bitcoin has dropped nearly 4%, now holding around $83,000. The seven-day chart confirms that $BTC has experienced a decline of 3.37%, while daily trading volume plummeted by 53%.
Trump Declares the United States is Entering the Golden Age of Bitcoin
The United States is becoming more serious about solidifying its dominance in the world of Bitcoin and cryptocurrency. In a historic move, President Donald Trump signed an executive order on Thursday (63) to establish the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile, marking a significant shift in US policy toward digital assets. "America will be the Bitcoin superpower of the world. The Golden Age of America has begun!" wrote the official White House account on platform X. This statement emphasizes that the US wants to be a global leader in the crypto industry while creating a new golden age for its digital economy.
Trump Signs Executive Order for US Strategic Bitcoin Reserve
President of the United States Donald Trump officially signed an executive order regarding the Strategic Crypto Reserve. This step marks a significant change in digital asset policy in the US. White House Crypto and AI Chief David Sacks wrote in a post on social media platform X that the reserve will be funded exclusively with Bitcoins seized in criminal and civil forfeiture cases, ensuring that taxpayers do not bear the financial burden. It was also mentioned that Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will oversee the development of this Strategic Crypto Reserve policy, focusing on a budget-neutral acquisition strategy for Bitcoin.
The crypto market has shown positive movement again on March 8, 2025, with today's Bitcoin price recording a significant increase. Conversely, some altcoins like Cardano ($ADA ) are still in the red zone, showing quite high selling pressure. In the last 24 hours, the global crypto market capitalization has increased by 0.89 percent, reaching IDR 46,430 trillion. Although overall the market is experiencing a positive trend, there are some assets that are actually experiencing a decrease in value. Bitcoin Price Today Touches IDR 1.41 Billion
Founded by Stanford Ph.D. Nicolas Kokkalis and Chengdiao Fan in 2019, Pi Network has amassed over 60 million users. Pi Network’s native token, PI, is now listed on major exchanges including OKEx, Bitget, Bitrue, HTX, and BitMart. To encourage participation, Bitget is airdropping $60,000 in PI (until March 3rd), while BitMart is rewarding 300 users with a total of $3,000 USDT in PI tokens. On February 24, 2025, the price of Pi Network (PI) showed a significant spike with an increase of 27.2%, reaching $1.59 or equivalent to Rp25,931 per coin. In the last 24 hours, the price of Pi Coin has moved in the range of $1.25 to $1.65, reflecting quite high volatility but with a clear uptrend.
The Pi Network mainnet launch is one of the most anticipated events in the cryptocurrency world. Scheduled for February 20, 2025, this milestone marks the transition from a closed and testing phase to a fully decentralized open network. In this article, you will learn about Pi Network’s journey, the significance of this launch, and what you can expect from this highly anticipated launch. Pi Network is a digital currency project developed by Stanford graduates with a mission to make cryptocurrency mining accessible to everyone via mobile devices.
Pi Network Price Drops 42% Ahead of Tomorrow's Mainnet Launch
On February 19, 2025, the price of Pi Network experienced a significant drop, plunging 42% in the last 24 hours. The drop comes amid growing skepticism about the altcoin's mainnet launch scheduled for February 20, 2025, tomorrow. Investors are growing increasingly concerned, especially with rumors circulating that Pi Network is a pyramid scheme, which is making it difficult for the token to gain traction. As the launch date approaches, skepticism is growing, and many investors are doubtful about the viability of the project.
BNB Gains Amid Memecoin Rumors and Changpeng Zhao's Clarification
Binance Coin ($BNB ) saw a 13% price surge over the weekend, reaching a peak of around IDR 10.3 million (around $635) on February 9, 2025. The surge was fueled by speculation surrounding the launch of a new memecoin called TST, which is reportedly linked to Binance co-founder Changpeng Zhao (CZ). TST, a newly emerged memecoin on the BNB Chain network, has attracted investor attention due to its association with CZ. However, on February 8, 2025, CZ denied any involvement with the project via social media platform X (formerly Twitter). He asserted that neither he nor the Binance team had any affiliation with TST, stating that the project was entirely a community initiative.
Bitcoin and other top crypto prices were observed to have experienced uniform movements on Saturday (8/2/2025). The majority of top cryptos were observed to be in the red zone if viewed in the past week. However, if in 24 hours, there are still some in the green zone. Based on data from Coinmarketcap, the crypto with the largest market capitalization, Bitcoin ($BTC ) only strengthened slightly in 24 hours and is still burning in 7 days. Bitcoin rose slightly by 0.05 percent in 24 hours, and is still down 5.76 percent for the week. Currently, the price of Bitcoin is at the level of Rp 1.57 billion.
Future is one of the trading features available on Binance. This trade has a high level of profit and also has a high level of risk. This time I want to share my experience trading with futures on Binance. Before trading futures, you must do the following things 1. Learn the Basics First Leverage: Start with low leverage (2x–5x) to minimize the risk of liquidation. Contracts: Choose between USDT-M Futures (settled in USDT) or COIN-M Futures (settled in crypto).
Bitcoin and other top crypto prices were seen experiencing uniform movements on Monday (3/2/2025). The majority of top cryptos were seen back in the red zone. Based on data from Coinmarketcap, the crypto with the largest market capitalization, Bitcoin ($BTC ) is still weakening. Bitcoin fell 3.31 percent in 24 hours and 4.48 percent in a week. Currently, the price of Bitcoin is at USD 97,434 per coin or equivalent to IDR 1.59 billion (assuming an exchange rate of IDR 16,280 per US dollar). Ethereum (ETH) also weakened. ETH fell 8.85 percent in the past day and 10.97 percent in a week. That means ETH is currently at Rp 46.7 million per coin.
Bitcoin and other top crypto prices were observed to be experiencing uniform movements on Sunday (2/2/2025). The majority of top cryptos were observed to be back in the red zone. Based on data from Coinmarketcap, the crypto with the largest market capitalization, Bitcoin($BTC ) has weakened again. Bitcoin fell 1.43 percent in 24 hours and 3.92 percent in a week. Currently, the price of Bitcoin is at USD 100,761 per coin or equivalent to IDR 1.64 billion (assuming an exchange rate of IDR 16,280 per US dollar). Ethereum (ETH) also weakened. ETH fell 4.84 percent in the past day and 4.77 percent in the week. With that, ETH is currently at the level of Rp 51.1 million per coin.
Bitcoin and other top crypto prices were observed to be experiencing uniform movements on Saturday (1/2/2025). The majority of top cryptos were observed to be in the red zone. According to data from Coinmarketcap, the crypto with the largest market capitalization, Bitcoin ($BTC ) was corrected. Bitcoin fell 2.85 percent in 24 hours and fell 2.90 percent in a week. Currently, the price of Bitcoin is at USD 102,029.96 per coin or equivalent to IDR 1.66 billion (assuming an exchange rate of IDR 16,300 per US dollar). Ethereum (ETH) is still strengthening. ETH rose 2.20 percent in the past day, but is still down 0.45 percent for the week. With that, ETH is currently at the level of USD 3,311.66 or IDR 53.98 million per coin.