Coingecko.com site noted, the price of Bitcoin has risen 3.8 percent compared to last Friday's position. In the past month, the price of this cryptocurrency asset skyrocketed to 50.3 percent. Now the worldwide market capitalization of Bitcoin reaches US$ 915.7 billion. However, the current Bitcoin price has not surpassed its record high on April 14, 2021, which had reached US$ 64,804.7 or around Rp. 933.83 million. On its way, the price of the crypto asset was corrected after the tweets of the CEO of Tesla Inc. The controversial Elon Musk.
The price of Ethereum also rose to US $ 3,259 or around Rp 46.9 million. Over the past two weeks and a month, the price of the crypto asset has surged 12.8 percent and 62.7 percent, respectively.
With a market capitalization of US$381.79 billion, Ethereum is the second largest crypto asset in the world after Bitcoin today. Previously, Ether had reached a record high on May 12, 2021 at the level of US$ 4,356.9 or around Rp 62.79 million. <!--more--> Previously in the last few days it was reported that the total cryptocurrency market capitalization continued to rise and again surpassed the level of US $ 2 trillion after the rally in the price increase of Bitcoin and a number of other coins such as Cardano, XRP, and Dogecoin. As of today, the total market capitalization of crypto assets reached US$ 2.16 trillion, dominated by Bitcoin (BTC) at 42.4 percent and Ethereum (ETH) at 17.7 percent. The crypto asset rally continued even after the cryptocurrency industry failed to win changes to crypto tax reporting rules in the US infrastructure bill. “Bitcoin prices surprisingly held up after the news,” NYDIG Global Head of Research Greg Cipolaro wrote in a note. He considered the very bullish price of crypto assets to show the recognition of the crypto industry by lawmakers. "Ultimately it's a legitimating event, one that should give investors comfort that the industry will still exist," Cipolaro said. In addition to Bitcoin and Ethereum, the prices of a number of crypto assets such as Cardano (ADA), Binance Coin (BNB), and Dogecoin (DOGE) also rose. For example, Dogecoin rose to US$ 0.322 or Rp. 4,610, Binance Coin rose to US$ 454.56 or Rp. 6,549.8 and Cardano rose to US$ 2.48 or Rp. 35,735.
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