Crypto Prices on Labor Day 1 May 2024: Bitcoin Cs Still at Home in the Red Zone

Liputan6.com, Jakarta – The prices of Bitcoin and other top cryptocurrencies were observed to experience mixed movements today, Wednesday (1/5/2024). The majority of the top cryptocurrencies are observed to still be at home in the red zone.

Based on data from Coinmarketcap, the cryptocurrency with the largest market capitalization, Bitcoin (BTC) is still sluggish. Bitcoin fell 4.91 percent in 24 hours and 9.64 percent in the week.

Currently, the price of Bitcoin is at USD 59,850.03 or the equivalent of IDR 973.33 million (assuming an exchange rate of IDR 16,262.85 per US dollar).

The second largest cryptocurrency, Ethereum (ETH), also weakened. ETH fell 6.69 percent in the last day and fell 7.58 percent in the week. That way, currently ETH is at the level of USD 2,962.59 or around IDR 48.18 million per coin.

The next crypto, Binance coin (BNB) weakened again. In the last 24 hours BNB fell 2.85 percent and fell 5.40 percent a week. This makes BNB priced at USD 575.31 or IDR 9.36 million per coin.

Then Cardano (ADA) also appears to be in the red zone. ADA plunged 3.20 percent in the last 24 hours and is down 12.98 percent for the week. That way, ADA is at the level of USD 0.4389 or around IDR 7,137.76 per coin.

Meanwhile, Solana (SOL) is still weakening. SOL fell 7.44 percent in one day and fell 20.21 percent in a week. Currently, the price of SOL is at USD 124.93 per coin.

XRP is observed to be at home in the red zone. XRP weakened 3.02 percent in 24 hours and fell 9.68 percent for the week. In this way, XRP is now priced at USD 0.4996 or IDR 2.03 million per coin.

Meme coin Dogecoin (DOGE) corrected again. In the last day DOGE fell 6.10 percent and fell 17.71 percent a week. This makes the crypto trade at the level of USD 0.1322 or around IDR 2,149.95 per token.

Stablecoin Tether (USDT) and USD coin (USDC) both strengthened 0.01 percent today. This means that the prices of both of them remain at the USD 1.00 level.

Meanwhile, Binance USD (BUSD) strengthened 0.01 percent in the last 24 hours, leaving its price still at the USD 1.00 level.

Meanwhile, today's overall crypto market capitalization is at the level of USD 2.21 trillion or the equivalent of IDR 35,940 trillion.

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