Home Berita Crypto The "Red" Crypto Market at the Beginning of the Week, Check out Bitcoin Prices and Today

The "Red" Crypto Market at the Beginning of the Week, Check out Bitcoin Prices and Today

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The crypto asset market was monitored to move lower in today's morning session, Monday (25/7/2022). Coinmarketcap . this morning, the 10 assets with the largest market caps moved in the red in the last 24 hours

Based on Coinmarketcap data at 10.20 WIB, the crypto with the largest market capitalization Bitcoin or BTC corrected 2.98 percent to the level of Rp. 327.58 million. Then another giant crypto, Ethereum or ETH, also fell 3.31 percent in the last 24 hours, to the level of IDR 22.69 million per chip.

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Then the weakening was also experienced by 3 types of crypto "stable coins", namely crypto assets that are designed to have the same value as assets such as the US dollar currency. Tether or USDT crypto weakened 0.8 percent to Rp 14,971.9. 

Another stable coin, USDC Coin or USDC, corrected 0.81 percent to Rp. 14,968.7 per chip. Then, Binance USD or BUSD weakened 0.76 percent to Rp. 14,977.8 per chip.

Cryptocurrency BNB or commonly called Binance Coin corrected 2.09 percent to the level of Rp. 3.82 million per chip. Then, the XRP type of cryptocurrency fell 4.24 percent to the level of IDR 5,199.78 per chip.

Furthermore, the Cardano or ADA crypto type fell 4.54 percent to the level of IDR 7,376.92 per chip. Meanwhile, Solana or SOL also fell 4.48 percent to a level of Rp. 573,122.2 per chip.

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Finally, the crypto which was originally made as a joke, Dogecoin or DOGE also recorded a decline of 5.78 percent to Rp. 966.48 per chip. 

Along with this weakening, the crypto market capitalization also corrected 2.26 percent in the last 24 hours to Rp 15,094.8 trillion.

Just so you know, last week Bitcoin and other big cryptos had shot up. Even Bitcoin was traded at the level of around Rp. 360 million per chip.

Reporting from Coindesk, the crypto market had positively welcomed the price of Bitcoin which was traded above 22,000 US dollars per chip, amid a spike in the Uncle Sam's country consumer price index.

But the decision of electric car manufacturer, Tesla, to sell 75 percent of Bitcoin holdings is a negative sentiment for the crypto market. As is known, the company led by Elon Musk does have a considerable influence on the movement of Bitcoin.

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