The currency price crypto fallen in the last 24 hours on Wednesday (8/9) morning. The two cryptocurrencies with the largest market caps , bitcoin and ethereum , fell 11.54 percent and 13.46 percent, respectively.
Quoting coinmarketcap.com , the price of bitcoin is priced at US $ 46,669 per chip. In fact, bitcoin had touched US $ 52 thousand per chip yesterday. Bitcoin's daily decline made its performance for the week recorded a drop of 0.88 percent.
Similarly, ethereum, which has been in the green zone for the past week, has become minus 0.21 percent. Now, the price of ethereum is priced at US $ 3,424 per chip.
Furthermore, cardano inflamed 11.70 percent in a day or 8.91 percent in the past week to the level of US $ 2.51 per chip. Meanwhile, Binance Coin (BNB) fell 16.56 percent to US$415.29 per chip.
XRP experienced the same fate which fell 18.85 percent to US $ 1.12 per coin. Then, dogecoin fell 18.18 percent to US $ 0.2533 per chip, and polka-dot fell 19.07 percent to a price of US $ 27.66 per coin.
Among the top 10 cryptocurrencies, only tether, solana, and USD coin (USDC) stay in the green zone.
Tether edged up 0.05 percent to $1 a chip. Solana rocketed 5.49 percent to US$171.31 per chip and USD coin rose 0.04 percent to US$1 per chip.
For information, until now crypto currency is still prohibited as a means of payment in Indonesia.
However, cryptocurrencies can be used as investment tools as well as futures exchange commodities that can be traded.
Currently, 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.
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