Since the beginning of this year the price of Bitcoin and digital money assets has experienced a very significant decline. As reported by several online media, although the price of bitcoin managed to strengthen 1.36 percent to the level of US $ 36,315.34 per chip or equivalent to Rp. 521.24 million per chip (Exchange rate of Rp. 14,353 per US dollar). But it was not able to help to change the position of bitcoin to its position before last November.
In addition to Bitcoin, Asset Etherium also suffered the same fate, this digital currency also experienced a significant decline. With the drop in the prices of these two currencies, the value of other assets also plunged to a very low position, wrote one other online media.
In my opinion, this is a result of the two crypto assets with the second largest capitalization in the world falling 3.02 percent in the last 24 hours to the level of US $ 2,419. Within a week, the cryptocurrency had fallen more than 25 percent. bitcoin price has fallen more than 20 percent. In fact, when compared to its highest level last November, which was 68,990 US dollars per chip, the price of bitcoin has fallen almost 50 percent.
This condition is of course very worrying for Crypto investors considering the prospects in the digital future after there are restrictions and regulations in several countries related to Cryptocurrencies. This decline is also the impact of the policies of the world's major economies that curb the use of digital currencies.
However, in the midst of falling prices for all types of Crypto assets, there is hope that the future of crypto will still be very bright. This was stated by Goldman Sachs some time ago stating, the price of the largest crypto asset, bitcoin, could reach more than 100,000 US dollars, within the next 5 years. So don't be pessimistic, stay motivated and continue to invest because Crypto currency is a Digital currency for the future.[]
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