The Fed Cuts Interest Rates, Bitcoin Price Reaches IDR 954 Million

Previously, the price of Bitcoin and other top cryptos was seen varying in trading on Friday this week (20/9/2024). The majority of top cryptos were seen returning to the green.

According to data from Coinmarketcap, the crypto with the largest market capitalization, Bitcoin (BTC) skyrocketed in the past day and soared in the week. Bitcoin’s price shot up 0.61 percent in the past 24 hours. However, bitcoin still climbed 8.15 percent in the week.

Currently, the price of Bitcoin is at USD 62,860 per coin or equivalent to IDR 954.33 million (assuming the US dollar exchange rate against the rupiah is around 15,182).

The price of ethereum (ETH) also jumped. The price of ETH flew 1.95 percent in the last 24 hours. Over the week, the price of Ethereum increased by 3.87 percent. Thus, ETH is currently at USD 2,451 or around Rp 37.20 million.

The next Crypto Price, Binance coin (BNB) is moving in the red zone. In the last 24 hours BNB has dropped 0.03 percent, but is still up 3.17 percent a week. This makes BNB pegged at a price of IDR 8.51 million per coin.

Next, the price of Solana (SOL) skyrocketed 4.64 percent in the last 24 hours. Over the past week, the price of solana has flown 4.85 percent. Currently, the price of solana is at USD 142.19.

Then the price of XRP was seen moving in the red zone. The price of XRP fell by 0.80 percent in the last 24 hours. Over the week, the price of XRP strengthened by 4.38 percent. Thus, XRP is now set at USD 0.5832.