Today's Gold Price Prints a Record of US $ 1,932, How are Bitcoin?

in #goldorbitcoin • 4 years ago

So what about Bitcoin? Quoting Coindesk, Monday (27/7/2020) at 10:17 WIB, for the first time Bitcoin penetrated US $ 10,000 per coin. The highest price of Bitcoin today is US $ 10,200.

Currently, the price of Bitcoin has reached US $ 10,075, equivalent to Rp. 148 million per coin or an increase of 4.5% overnight. It is not yet certain whether this price will rally again after the US $ 10,000 breaks.

Since May 2020, the price of Bitcoin has stagnated below US $ 10,000 even though that month Bitcoin has been halving or when block rewards have halved from 12.5 BTC per block to 6.25 BTC per block.

This reduces the supply of Bitcoin in the market, potentially driving the Bitcoin price skyrocket. However, until now the Bitcoin price has not shown an increasing trend.
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#bitcoinews
4 years ago in #goldorbitcoin by
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