The price of cryptocurrencies (cryptocurrencies) with market capitalization above US$ 30 billion corrected again on Wednesday (11/17/2021) morning Indonesian time, as investors responded negatively to the US infrastructure bill which contains controversial crypto tax reporting requirements.
Launching data from CoinMarketCap at 09:15 WIB, ten cryptocurrencies with market capitalizations above US$ 30 billion were traded in the red zone this morning, including stablecoins.
Bitcoin returned below the psychological level of US$ 60,000 this morning, where the digital coin (token) with a market capitalization of more than US$1 trillion fell 4.43% to a price level of US$ 59,472.81/coin or equivalent to Rp. 847,487. .543/koin (assuming today’s exchange rate is Rp. 14,250/US$).
Meanwhile, ethereum slipped 5.92% to US$ 4,144.95/coin or Rp 59,065,538/coin this morning.
The tokens that experienced a correction of more than 6% this morning were Binance coin which fell 6.82% to US$ 582.22/coin (Rp 8,296,635/coin), Solana collapsed 6.45% to US$ 217, 02/koin (Rp 3,092,535/koin), and polka dots fell 6.77% to US$ 40.12/coin (Rp 571,710/coin), and Dogecoin fell 6.6% to US$ 0.2353/coin ( IDR 3,353/coin).