.Jakarta, CNBC Indonesia - The value of a piece of Bitcoin is surprising again. Yesterday, Monday (23/7/2018) the value of Bitcoin was still valued at US $ 7,700 or Rp 107.8 million [exchange rate of US $ 1 = Rp.14,000]. Today, the value of Bitcoin has jumped back to US $ 8,000 or reached Rp. 112 million. Peek at Coinbase data, Tuesday (24/7/2018), at 16.00 WIB the value of Bitcoin was at US $ 8,021 or an increase of around US $ 300 or Rp 4.2 million. This is the highest price of Bitcoin in the last two months. The downward trend in Bitcoin prices occurred on 24 May 2018. On 24 June 2018, Bitcoin touched the lowest price of US $ 5,789 / BTC. The increase in Bitcoin, as reported by CNBC International, was due to BlackRock, the largest global investment company currently studying the use of cryptocurrency and Blockchain technology.
This Bitcoin level has risen since last week which reached 20%. Prior to the BlackRock plan, the US-based Grayscale company that held assets of up to US $ 2 billion in its report was also interested in using cryptocurrency products in its production.
Monday (23/7/2018), at 17.00 WIB the value of bitcoin rose to US $ 7,700 or an increase of around US $ 300. Last week, July 17, 2018, the value of Bitcoin was still at US $ 6,640 or Rp. 85.96 million. The increase in the week reached more than 15%. Bitcoin has become increasingly popular recently even though the Fed boss Jerome Powell recently gave an ultimatum that cryptocurrency was 'dangerous'. Cryptocurrencies have become popular in recent years, with some of Wall Street's most famous figures, including Fundstrat's Tom Lee and value investor Bill Miller, making their way into the world. Bitcoin's price skyrocketed last year and traded briefly above US $ 20,000, before a sharp decline in 2018.