Bitcoin's value in Indonesia has reached a milestone where just 0.7 BTC is worth more than 1 billion rupiah, due to the rupiah weakening to around 18,000 per US dollar. One BTC is currently valued at about IDR 1.49 billion, with bitcoin prices holding above $80,000 for weeks. The rupiah has depreciated nearly 8% against the dollar in 2026, pressuring local currency value but boosting bitcoin's rupiah-denominated worth. Indonesia's Financial Services Authority reports over 23 million crypto accounts, showing strong local interest in cryptocurrency amid currency volatility.
Bitcoin's rupiah value milestone is notable context for readers. For readers following major cryptocurrencies on Pluang, 42 of 50 priced assets rose today while 7 fell. Movers include MANA at Rp1.583 with a 6.60% increase and 87% sell order activity, CRV at Rp7.038 with a 5.80% rise and 96% sell orders, and COTI at Rp208 up 5.27% with 67% sell orders. This data is as of Oct 21, 2026 14:02 WIB.
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