Bitcoin price strengthened again at the level of USD 20,199.62 per piece

Image Source As I write, Bitcoin’s price has been trading in a narrow range this week, but the market seems to be showing more signs of strength. Currently, the price of bitcoin is at the level of USD 20,197.72 per coin or equivalent to Rp. 300 647 101.74 IDR (assuming an exchange rate of 14 890 IDR per US dollar). See the table below. Image Source In the last two days alone, the Bitcoin price index has increased by 2.01% from $19,904 to $20,000. The increase in prices was mainly due to the increase in volume on Bitfinex and other exchanges. The accumulation of BTC on this exchange shows that investors are beginning to pay attention to cryptocurrencies and blockchain technology as a whole. Image Source

Bitcoin Price Today / 24 hours / 1 day / 7 days / 30 days

The current price of Bitcoin can be attributed to several factors, including the increased interest of institutional investors as well as a lack of regulatory clarity around cryptocurrencies in South Korea and China which has led some traders to speculate that these countries may issue new bans on crypto-currency trade currency in South Korea and China. their country. respective market.

There is no doubt that the price of bitcoin has increased enormously in recent times. Many believe that with such a high peak, it will be difficult for Bitcoin to sustain this growth over time. While this may be true, it is undeniable that the value of Bitcoin is still at a record high. Specifically, what was once unimaginable a few years ago is now realized that interest in bitcoin and other virtual currencies continues to grow. However, like most cryptocurrencies, possessing too much may not appeal to some. It’s one thing to trade or buy these coins when they move and have formed a strong upward trend, but another story when their price has dropped significantly.

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