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Rupiah Strengthens Thinly, Bitcoin Price Is Stable

Rupiah Strengthens Thinly, Bitcoin Price Is Stable

JAKARTA – The rupiah exchange rate closed slightly stronger by around 0.10 percent or 15 points to a level of Rp14,395 per US dollar. Then what about the exchange rate of digital currency or cryptocurrency today?

Quoting Coindesk, Thursday July 9, at 16.25 WIB, the price of Bitcoin (BTC) was at the level of 9 US dollars per coin or fell 0.9 percent in the last 24 hours. While the rupiah exchange rate against Bitcoin ranges from Rp. 135.32 to Rp. 134.05 million.

Also read:

  • JCI on Thursday Closed Down 0.46 Percent to 5,052.79 Level
  • Rupiah Closed Up Thin 15 Points to Rp14,395 per US Dollar Thursday

As for key metrics Bitcoin in the last 24 hours, still shows strengthening with the highest exchange rate of around Rp136.78 million per coin. With an average exchange rate of Rp1, 19 million per coin.

Even though last May Bitcoin just did halving, a Bitcoin reprogramming process that cuts miners’ revenue from parsing mathematical algorithms to generate Bitcoin. Currently, miners are rewarded with 12.5 BTC per block, which will be mined in May to 6.25 BTC per block.

This halving process takes place every four years and is written in the code that underlies Bitcoin. The goal is to maintain inflation. This process will reduce the supply of Bitcoin to the market so that the price can be increased.

exchange rate index cryptocurrency (Coindesk)

Meanwhile, other digital currency exchanges, such as Ethereum (ETH), were observed to be quite stagnant at US $ 244.78 per coin or have decreased 0.95 percent in the last 24 hours.

The steepest decline was experienced by Litecoin (LTC) and Bitcoin cash (BCH). With an average decrease of 0.50 to 0.93 percent in the last 24 hours.

The English and Chinese versions are automatically generated by the system. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)

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