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Slowly But Sure The Bitcoin Price Is Back

Slowly But Sure The Bitcoin Price Is Back

JAKARTA – Incidents of hacking dozens of Twitter accounts belonging to important figures were to be carried out spamming Bitcoin. As a result the Bitcoin exchange rate and cryptocurrency others have slipped quite badly in recent days.

Quoting Coindesk, at 16.27 WIB, the price of Bitcoin recovered in the range of US $ 9.1 per coin or Rp136 million and corrected 0.05 percent in the last 24 hours. This became the highest score after the hacking and spamming action on Twitter.

Also read:

  • Rupiah Report Card Monday Afternoon: Closed Most Weakening in Asia Pacific
  • The Effect of Twitter Hacking Makes Bitcoin Price Red
  • The Bitcoin Market is Maintained Green at IDR 134 Million

“We are still seeing a lot of interest and building momentum for derivatives and hope this will continue for some time, especially in those based on market price movements,” said Rupert Douglas, head of business development and institutional sales at London brokerage Koine, Monday, July 20. .

According to him the price of Bitcoin and cryptocurrency others will remain stuck in the range of 9,000 to 9,5000 US dollars. On the other hand, the incident of hacking a number of accounts belonging to famous figures on Twitter by doing spamming Bitcoin has definitely brought the marketplace to a standstill.

Bitcoin trading market Monday July 20 (screenshot of Coindesk)

“The fact that bitcoin is not moving because of the Twitter hack suggests the cryptocurrency price is stuck in a range of 9,100 – 9,200 US dollars,” he added.

Derivative factors of value cryptocurrency also weighing on the market, with no new blockchain unveiling in recent weeks. Meanwhile, the Ethereum (ETH) exchange rate has experienced a positive increase since the close of trading yesterday, around 233 US dollars, or corrected 0.33 percent in the last 24 hours.

This week, the Ethereum network experienced the most transactions in more than two and a half years. As of Monday, total transactions totaled 1,151,834, the first time it has been that high since January 18, 2018, according to data from aggregator Etherscan.

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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