Penyebab Melemahnya Bitcoin Pasca Ditemukan Varian Covid-19 Omicron

Abstract

Bitcoin is one of the most valuable crypto currencies among other crypto currencies. However, the legality of Bitcoin itself has not been recognized by Indonesia and many other countries as a legal tender, but it is allowed to be used as an investment asset. In the midst of the price of Bitcoin and its very high popularity, a sudden decline occurred after the discovery of a new variant of the Covid-19 virus. This study aims to find out about the cause of the fall in the value of Bitcoin after the establishment of the new Omicron Covid-19 variant as a variant that all countries in the world must be wary of. This research is a Library Research type with data sources in the form of news published by CNBC Indonesia on December 5, 2021, using the content analysis method. The conclusion of this study is that the fall in the price of Bitcoin was caused by the fear of shareholders and other high-risk assets due to news about the possibility of a lockdown in various countries, so these investors released their risky assets, including Bitcoin as a new asset which is still experiencing very high volatility so it is considered risky.