Bitcoin Price Soaring, Hits IDR 588 Million!

The value of bitcoin surged to a fresh peak for 2023 on Friday (24/11/2023). It was documented that the digital currency attained a worth of US$ 37,862.76 (Rp. 588 million).This marks the initial milestone since May 2022, as per Coin Metrics.

It is set to conclude the week with a 3.9% upward trajectory.Meanwhile, ethereum has reclaimed its position above the pivotal psychological threshold of US$ 2,000, trading 1.8% higher at US$ 2,104.14 (Rp. 32.6 million).

The second largest cryptocurrency by market capitalization is accelerating at a rate surpassing 8%.Solana, this year's standout performer, has soared over 476% compared to bitcoin's 130%, trailing slightly behind the primary token for this week.

Prices are hovering just below the neutral line for the week.Coinbase, the primary competitor of Binance, also achieved a peak of US$ 116.94 (Rp. 1.8 million) for the first time since May 2022.

Coinbase concluded its last trade with a 5.4% increase at $115.14.In other cryptocurrency stocks, Microstrategy's bitcoin surrogate rose by 2.4%. Bitcoin miners are experiencing a surge as well. The most significant increases came from Iris Energy and CleanSpark, rallying by 12% and 14.8%, respectively.

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