The Action of 'Killing' Crypto by China, Makes the Price of Bitcoin Cs Ambles

The price of cryptocurrencies with the largest market capitalization turned lower in trading Tuesday (28/9/2021) morning Indonesian time, as investors were again worried by China's increasingly tough on the crypto industry.

Based on data from CoinMarketCap at 09:15 WIB, the eight largest non-stablecoin capitalized cryptocurrencies were again trading in the red zone this morning.

Bitcoin slumped 3.88% to a price level of US$ 42,548.67/coin or equivalent to Rp. 606.318,548/coin (assuming today's exchange rate is Rp. 14,250/US$), ethereum fell 6.57% to a level of US$ 2,949.08 /coin or Rp 42,024,390/koin, cardano corrected 4.21% to US$ 2.17/koin (Rp 30,923/koin).

Next, binance coin dropped 4.39% to US$ 339.8/koin or Rp. 4,842,150/koin, ripple slipped 4.51% to US$ 0.9344/coin (Rp 13,315/coin), Solana fell 2, 99% to US$ 137.4/coin (Rp 1,957.950/koin), polka dots fell 6.21% to US$ 28.03/coin (Rp 399,428/coin), and dogecoin depreciated 3.4% to US$ 0.202/coin (Rp 2.879/coin).