The prices of the majority of major cryptocurrencies were again trading in the red zone on Monday (7/3/2022) morning Indonesian time, as the war between Russia and Ukraine that has not subsided continues to weigh on crypto market sentiment.
Launching data from CoinMarketCap at 09:10 WIB, only one digital coin (token) of the stablecoin type, namely Tether, is slightly green today.
While the rest went back down. Bitcoin fell 2.81% to a price level of US$ 38,348.26/coin or equivalent to Rp. 552.214,944/coin (assuming an exchange rate of Rp. 14,400/US$), Ethereum fell 4.2% to a level of US$ 2,547.48/coin or IDR 36,683,712/coin.
Then XRP fell 4.23% to US$ 0.7187/coin (Rp 10.349/coin), Terra fell 8.26% to US$ 79.77/coin (Rp 1,148,688/coin), Cardano fell 5. 04% to 0.8217/coin (Rp 11,832/koin), and Solana slipped 6.44% to US$ 83.07/coin (Rp 1,196,208/coin).
Bitcoin and most other major cryptocurrencies fell again in trading earlier this week, continuing the correction that had occurred since the end of last week.
Investors are still worried about the conflict between Russia and Ukraine which is still heating up to this day. Whereas at the beginning of last week, investors had ignored it and made major crypto prices bounce back from their correction zone.
In Bitcoin, today it is trading again below its psychological level of US$ 40,000, or rather in the range of US$ 38,000. Bitcoin’s market capitalization, which previously had returned to the range of US$ 800 billion, has now returned to the range of US$ 720 billion.
Earlier on Friday last week, the nuclear power plant (NPP) in Zaporizhzhia, Ukraine was attacked by the Russian military and caused the training facility of the Zaporizhzhia Nuclear Power Plant to catch fire. Just so you know, the nuclear power plant is the largest nuclear power plant in Europe.