#Bitcoin Price Flying, Reaches IDR 588 Million!
The price of bitcoin reached a new high for 2023 on Friday (24/11/2023). It was recorded that the crypto asset reached a value of US$ 37,862.76 (Rp. 588 million).
This is the first record since May 2022, according to Coin Metrics. It is on pace to end the week higher by 3.9%.
Meanwhile, ethereum has moved back above the key psychological level of US$ 2,000, last trading 1.8% higher at US$ 2,104.14 (Rp. 32.6 million). The second largest crypto token by market capitalization is accelerating at a speed of more than 8%.
Solana, the year's top performer, is up more than 476% compared to bitcoin's 130%, trailing the major token this week. Prices are just below the flat line for the week.
Coinbase, Binance's main rival, also hit a high of US$ 116.94 (Rp. 1.8 million) for the first time since May 2022. Coinbase last traded higher by 5.4% at $115.14.
Elsewhere in crypto equities, Microstrategy's bitcoin proxy rose 2.4%. Bitcoin miners are also surging. The biggest gains came from Iris Energy and CleanSpark, which rallied 12% and 14.8%, respectively.
