Home MONEY & FINANCE The Price of Crypto Moneys Shine Today

The Price of Crypto Moneys Shine Today

Cryptocurrencies

Several digital or cryptocurrencies are observed to strengthen in trading Friday (4/2) this morning. Several digital currencies, such as bitcoin (BTC) and BNB, are also observed to be in the green zone.

Based on data obtained from coinmarketcap.com, the gain was led by terra (LUNA) by 7.60 percent in a day to US$50.93 per chip. Despite recording an increase today, in this week terra fell by 4.14 percent.

Next, bitcoin rose 1.19 percent in a day priced at the US $ 37,374 per chip. The currency with the world’s largest capitalization rose 1.44 percent in value in the week.

Cardano (ADA) also strengthened, which rose 2.34 percent and is now priced at US$1.05 (equivalent to Rp. 15,098; exchange rate of Rp. 14,379 per US dollar). The value of Cardano is also still up in the week to 1.49 percent.

Solana (SOL) and BNB also gained 1.55 percent and 1.35 percent respectively on the day. The weekly value also rose 12.30 percent while the red BNB by 3.78 percent.

XRP is up 0.96 percent in the last 24 hours. The value of XRP in the past week also rose to 0.38 percent. Now, one XRP chip is priced at US$0.6056

Polkadot (DOT) also strengthened by 2 percent and is now priced at the US $ 18.84 per piece. The value of polka dots has increased in the past week to 4.85 percent

tether (USDT) which gained 0.01 percent and increased by 0.03 percent on the week.

On the other hand, the USD coin (USDC) is 0.01 percent red but is up 0.16 percent on the week. With a market cap of US$2,627 billion, a single USD Coin is valued at US$1.00.

Meanwhile, Ethereum (ETH) rose 0.09 percent to $2,681 per coin. Even so, this week the value of Ethereum has increased by 11.71 percent. On average, crypto-assets weakened 2.07 compared to the previous day. Currently, the crypto market cap is US$1.67 trillion.

However, in Indonesia, crypto is still considered a commodity futures exchange. This is why crypto is still prohibited from being used as a legal tender. Crypto is only allowed as an investment and trading commodity.

Currently, crypto assets are regulated by the Commodity Futures Trading Supervisory Agency (CoFTRA) of the Ministry of Trade through CoFTRA Regulation Number 8 of 2021 concerning Guidelines for Trading Physical Markets of Crypto Assets (Crypto Assets) on the Futures Exchange.

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