Bitcoin Investors Double Their Profits in 2024

Market

Premium

Viva Budy Kusnandar 10/12/2024 14:10 WIB

URL has been copied

Memuat...

Bitcoin investors have reaped enormous profits, more than doubling their investments throughout 2024.

Bitcoin Price Movement (January 1 – December 8, 2024)

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Bitcoin Investors Double Their Profits in 2024”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Bitcoin Price Movement (January 1 – December 8, 2024)

Download

Source

A Small Font
A Medium Font
A Bigger Font

Based on Yahoo Finance data, the price of Bitcoin closed up US$1,312.68 (1.3%) on Sunday (8/12/2024) to its all-time high of US$101,236.02 per coin. This price is equivalent to Rp1.6 billion per coin with an exchange rate of Rp15,861 per US dollar.

Thus, cumulatively throughout this year, the cryptocurrency with the code BTC has surged by US$58,970.83 (129.21%) per coin, from US$44,265.19 (12/31/2023) to US$101,236.02 per coin (year to date/YTD).

Investors holding Bitcoin have reaped enormous profits, more than doubling their investment throughout 2024, as shown in the graph.

Global political uncertainty following Donald Trump's re-election as US President in November 2024 fueled Bitcoin's price to its highest level.

Furthermore, Trump's appointment of Paul Atkins as the new Chairman of the United States Securities and Exchange Commission (SEC), replacing Gary Gensler, also boosted BTC to the US$100,000 per coin level.

Paul Atkins, a former SEC commissioner and a known supporter of the cryptocurrency market, instilled market optimism regarding the future of cryptocurrencies.

Editor : Erlina Fury Santika

"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."

Related Data

Furniture Market Size Forecast in 5 Southeast Asian Countries by 2029

Indonesia Stock Exchange Market Capitalization Decreased in 2024

Growth in the Number of Indonesian Capital Market Investors, 2015-2024

Indonesia's Middle Class More Frequently Visits Markets and E-Commerce Than Malls

Indonesia's Digital Economy Tax Revenue Reaches IDR 41.09 Trillion in August 2025

Optimism Rises, IDX Composite Enter 8,000 Level in September 2025

Latest Data Stories

Daily Chicken Meat Prices in Traditional Markets of Papua Province Decreased by 0.58% in the Last Month Economics & Macro 18/12/2025, 13:28 WIB

Realization of Local Own-Source Revenue (PAD) of Bantul Regency Government as of December 2025 Economics & Macro 18/12/2025, 12:52 WIB

Warning! Mount Ibu Erupts Again This Afternoon (Thursday, December 18, 2025) Demographics 18/12/2025, 12:49 WIB

Livestock Sector PDRB and ADHB, 2013-2024 Technology & Telecommunications 18/12/2025, 12:33 WIB

Realization of Bima City Government Regional Revenue as of December 2025 Economics & Macro 18/12/2025, 12:25 WIB

FAO Index: September 2024 Food Prices Rise Economics & Macro 18/12/2025, 12:14 WIB

Download

Source

Bitcoin Investors Double Their Profits in 2024

Tags

Related Data

Furniture Market Size Forecast in 5 Southeast Asian Countries by 2029

Indonesia Stock Exchange Market Capitalization Decreased in 2024

Growth in the Number of Indonesian Capital Market Investors, 2015-2024

Indonesia's Middle Class More Frequently Visits Markets and E-Commerce Than Malls

Indonesia's Digital Economy Tax Revenue Reaches IDR 41.09 Trillion in August 2025

Optimism Rises, IDX Composite Enter 8,000 Level in September 2025

Latest Data Stories

Popular Data

Bitcoin Investors Double Their Profits in 2024

Tags

Related Data

Furniture Market Size Forecast in 5 Southeast Asian Countries by 2029

Indonesia Stock Exchange Market Capitalization Decreased in 2024

Growth in the Number of Indonesian Capital Market Investors, 2015-2024

Indonesia's Middle Class More Frequently Visits Markets and E-Commerce Than Malls

Indonesia's Digital Economy Tax Revenue Reaches IDR 41.09 Trillion in August 2025

Optimism Rises, IDX Composite Enter 8,000 Level in September 2025

Latest Data Stories

Trending Topics

Popular Data