Bitcoin surges to Rp1.17 trillion, recording the largest daily increase since February 6

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JAKARTA - The crypto market has recorded a significant recovery in the last 24 hours after Bitcoin (BTC) ended a three-day downtrend, and perched at $68,350 (Rp1.15 trillion).

The increase pushed the dominance of the Bitcoin (BTC.D) market to 58.60%. Meanwhile, the total market capitalization of crypto assets also soared 6.41% to 2.33 trillion US dollars.

Financial Expert Ajaib Panji Yudha even found that during intraday, Bitcoin had jumped up to 9% to the area of US $ 69,980 (Rp. 1.17 billion), rebounding from the lowest level of the last 24 hours at around US $ 64,000 (Rp. 1.07 billion).

Panji said this increase was the largest daily gain since February 6 and brought BTC back close to the psychological level of $70,000.

The recovery is not only happening in Bitcoin. Ethereum (ETH) also strengthened by around 11.50% to the level of 2.085 US dollars. Binance Coin (BNB) rose 8.10% to 630 US dollars, while Solana (SOL) soared 12.30% to 88.65 US dollars.

"This positive sentiment emerged after President Donald Trump made a statement defending his economic performance record, thus stabilizing the US equity market," Panji explained in his statement.

Previously, crypto prices had been pressured by the turbulence of the 15% global tariff policy. However, the absence of negative comments on digital assets in Trump's last speech gave room for the market to rebound.

Panji also revealed that the rise in Bitcoin prices also had a positive impact on blockchain and crypto-related stocks. Circle (CRCLX) jumped 29% after reporting positive earnings performance.

Coinbase gained 13% to $183, while Strategy (MSTRX) was up nearly 9% at $135. Bitcoin miners like MARA Holdings also rose about 7%.

For today's trading, Panji estimates that Bitcoin has the potential to move in the range of US$67,000 to US$71,000 (Rp1.18 billion). Meanwhile, Ethereum is projected to move in the range of US$1,950 to US$2,150 (Rp36 million).