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Bitcoin-Ethereum Bright, Some Altcoins Still Sluggish

admin · April 29, 2022 ·

The prices of major cryptocurrencies tend to vary during trading on Friday (28/4/2022) afternoon Indonesian time, although market sentiment tends to be positive today.
Launching data from CoinMarketCap at 13:00 WIB, Bitcoin rose 0.48% to a price level of US$ 39,513.18/coin or equivalent to Rp. 572,743,544/coin (assuming an exchange rate of Rp. 14,495/US$), Ethereum rose 1, 42% to US$ 2,922.7/coin or Rp 42,364,537/coin, BNB soared 4.36% to US$ 406.34/coin (Rp 5,889,898/coin), and Dogecoin jumped 2.04% to US$ 0.1423/coin (Rp 2,063/coin).

Meanwhile, Solana digital coin (token) fell 1.46% to US$ 97.61/coin (Rp 1,414,857/coin), XRP fell 1.3% to US$ 0.6404/coin (Rp 9,283/coin) , Terra fell 3.84% to US$ 85.8/coin (Rp 1,243,671/coin), and Cardano fell 0.27% to US$ 0.8339/coin (Rp 12,087/coin).

Crypto berkah303 movements that tend to be mixed today occurred in the midst of a bright global stock market as technology stock prices soared after shares of Meta Platforms (Facebook’s parent company) closed soaring more than 17% after the company reported positive financial performance in the first quarter of 2022.

According to some analysts, despite positive sentiment, Bitcoin’s movement remains in a fairly tight range.

“Bitcoin remains in a pretty slot paten tight range despite a lot of positive news coming to the market today,” said Jason Deane, market analyst at Quantum Economics, quoted by CoinDesk.

Although Bitcoin and Ethereum tend to be bright, some altcoin tokens are still being observed correcting even though the market sentiment today is more positive.

One of them is Terra. Not only Terra, Solana, XRP, and Cardano are also still correcting today. However, for Dogecoin, it is currently back in the top 10 and occupies the 10th position.

Another positive news came from Africa, where the Central African Republic approved Bitcoin as the official currency. The decision was based on a unanimous vote of MPs.

The move, the presidency said in a statement, puts the Central African Republic ‘on the map of the bravest and most copacobana99 visionary country’.

The Central African Republic is one of the poorest countries in the world. But it is rich in diamonds, gold and uranium.

Today, the Central African Republic uses the French-backed CFA franc currency along with most of the country’s former African colonies.

However, this Bitcoin approval is not in line with the internet infrastructure in the country, where the coverage of internet users is indeed very low. In the 2019 World Data report, only 4% of Central Africans have access to cyberspace.

This triggers one of the computer scientists, Sydney Tickaya, who says that adoption tends to be premature and irresponsible. He highlighted the retarded internet access there.

“Internet access is still underdeveloped in the country while Bitcoin is completely dependent on the internet,” said Tickaya

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