Bitcoin’s Rapid Rise, Crypto Trading Activity in Indonesia Soars

On June 11, 2025, the value of Bitcoin (BTC) touched US$110,000 before finally dropping to around US$107,616. This price increase significantly affected crypto trading activities in Indonesia.

Based on information we quoted from Beincrypto media, Indodax, one of the leading crypto trading platforms in Indonesia, recorded a spike in daily transaction volume reaching IDR707.8 billion, almost double the previous average of IDR477.01 billion.

Shifting Institutional Views on Bitcoin

According to Antony Kusuma, Vice President of Indodax, the increase in the price of Bitcoin reflects a change in the global perspective on digital assets.

“Bitcoin is no longer considered a marginal asset in the world’s financial system. Now, this major crypto asset is the main topic of discussion between the government, industry players, and large financial institutions,” said Antony.

High Interest of Retail Investors in Indonesia

The increase in transaction volume also indicates great enthusiasm from retail investors in Indonesia for crypto assets.

Bitcoin’s price hike has prompted more individuals to jump into the crypto trading world, demonstrating optimism about the potential of digital assets in the local market.

Conclusion

Bitcoin’s price hike to US$110,000 has triggered a surge in crypto trading activity in Indonesia, especially on the Indodax platform.

The shift in institutional perception and the high interest of retail investors confirm that Bitcoin is increasingly recognized as an important element in the global financial ecosystem.