JAKARTA - The stimulus from the European Union made cryptocurrency prices healthy again in the opening of trading today. Bitcoin opened at the level of 9,439 US dollars per coin.
Quoting Coindesk, at 9.55 WIB, even though the Bitcoin (BTC) exchange rate was opened high, it corrected negative 0.28 percent in the last 24 hours. In addition, market trends are still showing positive movements for investors.
"With volumes lower, Bitcoin is building a little bit and showing continued strengthening," said Rupert Douglas, head of institutional sales at a London-based crypto broker, Wednesday, July 22.
With the trend of global equities also showing strength, the cryptocurrency price range is monitoring positive. "Bitcoin appears to be quite correlated with equity at the moment," he added.
The Ethereum-powered decentralized exchange Curve Finance (DEX) saw huge growth in volume this past week. Curve, with a volume of 70 million US dollars over the past 24 hours, has overtaken DEX leader Uniswap at a time when decentralized finance (DeFi) heats up.
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