Bitcoin crypto assets weakened again by touching the price of Rp 603,858,575 (US$ 42,145.35) at 17:23 WIB, Monday, February 14, 2022. The largest capitalized coin in the world was perched at a price of Rp 606,881,576 (US$ 42,351.45).
Ethereum also dipped at Rp 41,017,786.6 (US$2,862.77) per coin. Whereas yesterday this digital asset was at a price of Rp 41,813,402.4 (US$ 2,918.3).
The price of the two coins refers to the coinmarketcap.com site. The exchange rate of the US Dollar against the rupiah also refers to Rp 14,322.50 per dollar.
Director of PT TRFX Garuda Berjangka Ibrahim Assuaibi sees investors focused on the conflict between Russia and Ukraine that could potentially be a Third World War. In addition, the Fed speculation will be hawkish in making the transition to tightening monetary policy, thus shrinking liquidity to the crypto market.
"That was before PBS reported that the United States believed that Russian leader Vladimir Putin had decided to attack Ukraine and had communicated the plan to the Russian military," Ibrahim said in a written statement on Monday.
He agreed with Litedex Protocol Chief Executive Officer Andrew Suhalim, if Ukraine is attacked by an increasingly uncertain situation. Previously the rate hike code from the Fed also gave the state of bitcoin prices that were adrift.
Ibrahim noted a statement by U.S. National Security Adviser Jake Sulivan, who said a Russian strike on Ukraine could happen next week. However, Sulivan said the White House did not claim Vladimir Putin had decided on the issue.
"Washington urges all U.S. citizens to leave the country within 48 hours. Other countries, including britain, Japan, Latvia, Norway and the Netherlands, are asking their citizens to leave Ukraine immediately."
Ibrahim said U.S. consumer sentiment fell to a more than decade-low in early February amid forecasts of an increase in inflation in the near term.