Flying Again, Today’s Bitcoin Price Reaches Rp. 875 Million

JAKARTA, KOMPAS.com – Price bitcoin today, Sunday (11/4/2021) again touched the level of 60,000 US dollars per chip.

Quoted from CoinDesk, the price of bitcoin at 10:00 WIB was at a price of 60,373 US dollars or around Rp. 875.40 million (exchange rate of Rp. 14,500).

Price cryptocurrency it strengthened 2.31 percent when compared with the previous trade.

Also read: Crypto Asset Capitalization Translucent IDR 28,000 Trillion, Led by Bitcoin

In fact, in the last 24 hours, bitcoin has again touched the level of US $ 61,065 per chip or Rp. 885.44 million.

Since the beginning of the year, the price of bitcoin has strengthened by 107.26 percent. Meanwhile, when compared to the same period last year, the price of bitcoin has strengthened by more than 700 percent.

One of the reasons for the strengthening of bitcoin prices is the fact that more and more institutional investors are using it cryptocurrency as an investment option.

Also read: Interested in Investing in Bitcoin and Other Cryptocurrencies? First Listen to These Tips

On the other hand, there are also many global companies that accept this cryptocurrency as a means of payment.

The company that produces electronic vehicles, Tesla, has previously invested in cryptocurrency amounting to 1 billion US dollars in bitcoin.

The company founded by Elon Musk has also started accepting bitcoin as a means of payment to buy the cars they produce.

Apart from that, Morgan Stanley has also started allowing some of their richest clients to add crypto tokens to their investment portfolios.

On the other hand, several payment service providers such as Mastercard and PayPal are starting to take steps to use bitcoin in their payment ecosystem.

Also read: These are 13 Crypto Asset Traders Registered at CoFTRA

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