
Crypto News
5 Cryptos Held by World Liberty Financial and Goldman Sachs Increases Bitcoin Investment by 90%
/index.php/news/detail/aset_kripto/capitalizing-on-market-opportunities-other-than-bitcoin-what-is-the-potential-for-profits-from-other-crypto-assets
Crypto News - Posted on 05 March 2024 Reading time 5 minutes
DIGIVESTASI - The performance of cryptocurrencies continues to strengthen, with no trend reversal in sight. At the same time, many crypto assets are considered interesting and noteworthy.
Based on Coinmarketcap data, the price of Bitcoin (BTC) on Monday (04/03) at 12.47 WIB was still $63,337, up 2.21% in the last 24 hours, and in a week, the price has jumped 22.77%. . The market capitalization of crypto assets reached $2.38 trillion, an increase of 1.46% in the last 24 hours.
IndoDax CEO Oscar Darmawan's BTC surge was driven by the halving and momentum of the Bitcoin Spot ETF. The halving movement also triggered the revival of other crypto assets, thus increasing its global market capitalization.
According to him, this was due to the high price of BTC ahead of the halving. That's why investors switched to buying cheaper altcoins, he said.
Therefore, Oscar also suggested that investors looking for cheaper coins should consider Ethereum (ETH). Moreover, the price has doubled this year. Currently, the price of ETH is $3,465, up 1.22% from 24 hours ago. The current price has increased by 11.60% in less than a week.
Tokocrypto trader Fyqieh Fakhrur added that altcoins that need special attention are Ripple (XRP), Cardano (ADA), and Dogecoin (DOGE).
"Coins under $1 will see some changes in the coming weeks," he said, citing the example of XRP, which won a court case against the Securities and Exchange Commission (SEC) in July. April 2024. XRP price also increased, rising 15.82% from last week to $0.62. ADA price increased $0.76 or 30.06% in 1 week and DOGE increased $0.16 or 86.52% in 1 week.`
Find more news and articles on Google News
Source: kontan.co.id
What do you think about this topic? Tell us what you think. Don't forget to follow Digivestasi's Instagram, TikTok, Youtube accounts to keep you updated with the latest information about economics, finance, digital technology and digital asset investment.
DISCLAIMER
All information contained on our website is summarized from reliable sources and published in good faith and for the purpose of providing general information only. Any action taken by readers on information from this site is their own responsibility.