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Eid gifts! Bitcoin Price Up 1%, Dogecoin Skyrocket 27%

Jakarta, CNBC Indonesia The price of bitcoin crypto assets managed to rise after a brief fall. While the prices of the other two major cryptocurrencies, ethereum and ripple, are still up uphill. But there has been nothing compared to the surge in Dogecoin.

On Friday (14/5/2021) at 15:46 WIB, here are the developments in the prices of major cryptocurrencies:

Early this morning, came shocking news in the crypto universe. Bloomberg reports that the United States Ministry of Justice (US) and the US Agency for State Revenue are investigating Binance, the world’s largest crypto asset market. One of the points of the investigation is the alleged crime of money laundering and tax evasion.

“We take our legal obligations seriously. We will cooperate with regulators and law enforcement. We are working hard to create a climate that is abiding by the law and anti-money laundering,” said a written statement from Binance, as quoted by Reuters.

This news made bitcoin prices plummet to their lowest level in 2.5 months. The correction is no joke, reaching 17%.

That deep correction opens opportunities for technical rebound. Finally this afternoon the price of bitcoin can strengthen even though it is still in the range of 1%.

Next Page -> Dogecoin Is Not Playing

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