Cryptocurrency values continue to increase today, led by Bitcoin which has now also reached a value of more than RM500,000. At the time of writing, Bitcoin's current value is more than RM522,819 ($122,944), surpassing the high of $110,000 recorded a few months ago.
This increase in value has more than doubled in a year. Previously, Bitcoin was at RM224,000 in August 2024.
This increase in value is said to be due to the United States starting a debate involving digital assets starting this week. Previously, President Donald Trump was said to be more friendly and open to the cryptocurrency arena, and this week's debate and discussion is expected to lead to a positive impact on the cryptocurrency arena.
Apart from Bitcoin, various other cryptocurrencies have also shown positive increases over the past week.