October 8, 2025 | 05:40 pm
TEMPO.CO, Jakarta – The digital currency Bitcoin has once again soared to an all-time high of US$126,000, or around Rp2.1 billion per coin, marking a new milestone for the global and domestic crypto markets.
Indonesian crypto market players view this surge as a significant achievement, reinforcing Bitcoin’s role as a safe-haven asset amid ongoing global economic uncertainty.
According to Indodax Vice President Antony Kusuma, the new record price reflects not only investor enthusiasm but also Bitcoin’s growing recognition in the global financial system.
“Reaching US$126,000 is tangible evidence that Bitcoin has entered a new phase of maturity. It’s no longer just a speculative asset but part of a broader diversification strategy embraced by major financial institutions worldwide,” Antony said in Jakarta on Wednesday, October 8, 2025.
Market data shows Bitcoin briefly peaked at US$126,080 before stabilizing around US$124,700, demonstrating strong resilience despite heightened market volatility.
Other leading crypto assets also posted gains. Ethereum climbed to US$4,600, while XRP rose to US$2.9. Antony noted that these movements signal renewed investor confidence in major cryptocurrencies following months of consolidation.
In Indonesia, trading activity has surged in line with Bitcoin’s price rally. Over the past week, Indodax recorded a 50 percent increase in transaction volume compared to the previous period.
Antony added that in the past 24 hours, coinciding with Bitcoin’s all-time high, Indodax’s trading volume reached Rp1 trillion.
“This shows that more Indonesians are gaining confidence in crypto investments and beginning to see them as part of their long-term financial strategies,” he said.
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