Bitcoin Prices Steady After Fed Gives No Signal of Interest Rate Cut

Bitcoin and other top crypto prices were seen experiencing mixed movements on Thursday (11/7/2024). The majority of today's top crypto prices were seen back in the green zone.

Based on data from Coinmarketcap, the crypto with the largest market capitalization, Bitcoin (BTC) has weakened again. Bitcoin corrected 0.39 percent in 24 hours and 4.02 percent in a week.

Currently, the price of Bitcoin is at USD 57,782 or equivalent to IDR 936.3 million (assuming an exchange rate of IDR 16,205 per US dollar).

Ethereum (ETH) is still strengthening. ETH rose 1.14 percent in the past day, but is still corrected 5.84 percent for the week. With that, ETH is currently at the level of Rp 50.26 million per coin.

The next crypto, Binance coin (BNB) is strengthening again. In the last 24 hours BNB has increased by 1.45 percent, but is still sluggish at 5.88 percent a week. This makes BNB priced at IDR 8.50 million per coin.

Then Cardano (ADA) is back in the green zone. ADA recovered 3.54 percent in the last 24 hours, but still fell 4.33 percent for the week. With that, ADA is at the level of Rp 6,287 per coin.

Meanwhile, Solana (SOL) is back strong. SOL is up slightly by 0.37 percent in a day and 1.15 percent in a week. Currently, the price of SOL is at the level of IDR 2.30 million per coin.

The XRP crypto coin is seen back in the green zone. XRP strengthened 0.67 percent in 24 hours, but still corrected 5.99 percent a week. With that, XRP is now priced at IDR 7,115 per coin.

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