Bitcon Weakens, US Trade War Triggers New Pressure On Crypto Market
JAKARTA – The price of Bitcoin (BTC) is again under pressure after trade tensions between the United States and China peaked. According to CoinMarketCap on Thursday, October 16, the price of BTC is at the level of 111,430 US dollars (Rp1.84 billion), down 0.57% in the last 24 hours.
In a week, BTC moved wildly between the lowest level of 107,318 US dollars (Rp1.77 billion) and the highest of 123,535 US dollars (Rp2.04 billion). Tokocrypto analyst, Fyqieh Fachrur, assessed that this movement reflects high volatility after black Friday’ which was triggered by the issue of inter-state tariff wars.
US President Donald Trump even emphasized that the US is currently “actively involved in a trade war with…
