JAKARTA - The rupiah exchange rate closed slightly stronger by around 0.10 percent or 15 points to a level of Rp14,395 per US dollar. So what about the exchange rates of digital currency or cryptocurrency today?
Quoting Coindesk, Thursday, July 9, at 16.25 WIB, the price of Bitcoin (BTC) was at the level of 9 US dollars per coin, or fell 0.9 percent in the last 24 hours. While the rupiah exchange rate against Bitcoin ranges from Rp. 135.32 to Rp. 134.05 million.
As for the Bitcoin key metrics in the last 24 hours, it still shows strengthening with the highest exchange rate of around IDR136.78 million per coin. With an average exchange rate of Rp1, 19 million per coin.
Even though last May Bitcoin had just done a halving, the Bitcoin reprogramming process that cut miners' income from the process of parsing a mathematical algorithm to generate Bitcoin. Currently, miners are rewarded with 12.5 BTC per block, which will be mined in May to 6.25 BTC per block.
This halving process takes place every four years and is written in the code that underlies Bitcoin. The goal is to maintain inflation. This process will reduce the supply of Bitcoin that enters the market so that the price can be increased.
Meanwhile, other digital currency exchanges, such as Ethereum (ETH), were observed to be quite stagnant at US $ 244.78 per coin or have decreased 0.95 percent in the last 24 hours.
The steepest decline was experienced by Litecoin (LTC) and Bitcoin cash (BCH). With an average decrease of 0.50 to 0.93 percent in the last 24 hours.
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