Bitcoin Price Weakens to US$38,400/Coin (Tuesday, May 25, 2021)

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Yosepha Pusparisa 25/05/2021 17:04 WIB

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Bitcoin's price was US$38,409.3 or Rp550.4 million per coin (using an exchange rate of Rp14,330/USD) on Tuesday, May 25, 2021. Its value decreased by 0.8% from the previous day's trading.

Bitcoin Exchange Rate against USD (Tuesday, May 25, 2021)

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Bitcoin Exchange Rate against USD (Tuesday, May 25, 2021)

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Bitcoin's price was US$ 38,409.3 or Rp 550.4 million per coin (exchange rate Rp 14,330/USD) on Tuesday, May 25, 2021. Its value decreased by 0.8% from the previous day's trading.

However, the current Bitcoin price has risen from its lowest point of US$ 31,227.3 or Rp 447.5 million per coin on Sunday, May 23, 2021. In fact, the cryptocurrency had even increased to US$ 39,590 or Rp 567.3 million per coin on Monday, March 24, 2021.

This occurred after Tesla CEO Elon Musk stated that he had spoken with North American cryptocurrency miners. In the meeting, North American Bitcoin miners committed to publishing plans for renewable energy use. Elon also said they requested that Bitcoin miners worldwide do the same.

Editor : Dimas Jarot Bayu

"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."