GenPI.co – Indodax Chief Executive Officer (CEO) Oscar Darmawan does not deny the price cryptocurrency (cryptocurrency) has declined in recent times.
One of the reasons is investors’ concerns about the Omicron variant of the corona virus (covid-19).
However, Oscar believed crypto prices will gradually improve in the near future.
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According to Oscar, El Salvador President Nayib Bukele’s decision to buy 21 Bitcoins on December 21, 2021 will have an effect on cryptocurrencies.
Oscar said crypto assets still provide a positive signal for long-term gains.
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He reflected on the Bitcoin price trend. According to Oscar, the decrease or increase in the price of Bitcoin will affect other cryptocurrencies.
Bitcoin’s status as a crypto asset with the largest market cap can be used as a reference to see the prices of other products.
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“Usually, if the price of the majority of crypto assets traded on Indodax is green, the price of Bitcoin is already green first. And vice versa,” said Oscar, Friday (12/24).
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