Bitcoin (BTC) continued its upward trend by breaking through the bitcoin price of USD 68,000 or around Rp1.056 billion. This strengthening was driven by the inflow of ETF funds and increasing speculation that Donald Trump might be re-elected in the United States (US) election, which could change the crypto regulatory landscape.
On Thursday, October 16, BTC recorded an increase of 0.77%, adding to the 5.36% increase from the previous day. This is a consecutive increase where Bitcoin experienced a price increase breaking through USD 68,000 for the first time since July 29, 2024.