Bitcoin Price Rises Again, New Record Mid-December 2024

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Adi Ahdiat 16/12/2024 16:59 WIB

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The price of Bitcoin rose significantly since Donald Trump's election as US President, reaching a new all-time high in mid-December 2024.

Bitcoin Price (January 1, 2021 - December 16, 2024)

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Bitcoin Price (January 1, 2021 - December 16, 2024)

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The price of Bitcoin, the world's first cryptocurrency, continues to rise, hitting a new all-time high mid-this month.

According to Yahoo Finance data, as of 4:30 PM WIB on December 16, 2024, the price of Bitcoin reached approximately US$104,800 or Rp1.68 billion per coin (assuming an exchange rate of Rp16,000 per US$).

Meanwhile, according to Reuters, the price of Bitcoin has strengthened since Donald Trump was elected President of the United States (US).

"Bitcoin has surged more than 50% since the US general election on November 5th, when Donald Trump was elected," stated Reuters on Monday (December 16, 2024).

"The latest surge is driven by Trump's statement that he plans to create a US strategic Bitcoin reserve similar to the strategic oil reserve," it continued.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Bitcoin Price Rises Again, New Record Mid-December 2024

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Bitcoin Price Rises Again, New Record Mid-December 2024

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