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| Kripto Lesu, Ethereum Paling Loyo |
The majority the top crypto prices were red on Monday (25/7) morning. Ethereum recorded the worst drop.
According to coinmarketcap.com, the price of ethereum fell 1.68 percent overnight to $1,526.14 per coin. Even so, the coin created by Vitalik Buterin was able to strengthen 11.54 percent in the past week.
Weakening also occurred in Bitcoin by 1.02 percent to US $ 22,016.95 per chip. Just like ethereum, bitcoin was able to strengthen 4.74 percent in a week.
Further, XRP tumbled 1.56 percent to $0.34 in the last 24 hours. XRP prices also fell 2.46 percent in the week.
Weakness also occurred in Cardano by 1.28 percent, Solana 1.24 percent, Binance coin 1.47 percent and Dogecoin 1.94 percent.
Stable coins such as tether and usd coin have varied in the last 24 hours. This morning, a tether is priced at US $ 1 and USD coin US $ 0.99.
Currently, crypto is still prohibited as a means of payment in Indonesia. However, crypto is a commodity futures exchange, so it doesn't matter as long as it is used as an investment or as a commodity traded by market participants.
Crypto assets are regulated by the Commodity Futures Trading Supervisory Agency (CoFTRA) of the Ministry of Trade through CoFTRA Regulation No. 2 of 2019 concerning the Implementation of the Physical Commodity Market on the Futures Exchange.
In addition, crypto rules are also listed in CoFTRA Regulation Number 8 of 2021 concerning Guidelines for the Implementation of Crypto Asset Physical Market Trading on the Futures Exchange.
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