Bitcoin and other top crypto prices were observed to have experienced uniform movements on Saturday (8/2/2025). The majority of top cryptos were observed to be in the red zone if viewed in the past week. However, if in 24 hours, there are still some in the green zone.
Based on data from Coinmarketcap, the crypto with the largest market capitalization, Bitcoin ($BTC ) only strengthened slightly in 24 hours and is still burning in 7 days.
Bitcoin rose slightly by 0.05 percent in 24 hours, and is still down 5.76 percent for the week. Currently, the price of Bitcoin is at the level of Rp 1.57 billion.
Ethereum (ETH) is weakening again. ETH fell 2.27 percent in the past day and 20.66 percent in a week. With that, ETH is currently at the level of Rp 43.15 million per coin.
The next crypto, Binance coin (BNB) strengthened again in a day. In the last 24 hours BNB rose slightly by 9.32 percent, but still weakened by 15 percent a week. That made BNB priced at IDR 9.46 million per coin.
Then Cardano (ADA) is back in the red zone. ADA fell 0.71 percent in a day and 25.12 percent in a week. That puts ADA at Rp11,634 per coin.
Meanwhile, Solana (SOL) strengthened. SOL rose 1.34 percent in a day and is still depressed 17.12 percent a week. Currently, the price of SOL is at the level of IDR 3.15 million per coin.
XRP is back in the green zone. XRP is up 3.26 percent in 24 hours and down 20.93 percent in a week. With that, XRP is now priced at IDR 39,447 per coin.
Meme coin Dogecoin (DOGE) also weakened. In the past day, DOGE fell 0.90 percent and 24.76 percent in a week. This makes DOGE traded at the level of Rp 4,057 per token.
Stablecoin Tether (USDT) and USD coin (USDC), both strengthened today, each strengthening by 0.06 and 0.01 percent. This makes the price of both the same, namely USD 0.9999.
As for the overall crypto market capitalization today, it is at the level of IDR 51.44 trillion, strengthening by around 0.24 percent in the last day.
The Financial Services Authority (OJK) revealed that investor interest in crypto assets is still positive amid global market dynamics.
Head of the Department of Financial Sector Technology Innovation, Digital Financial Assets and Crypto Assets, Dino Milano Siregar revealed that throughout January 2025, the value of crypto transactions in Indonesia reached IDR 44.6 trillion.
Dino said that there are several crypto assets with the highest trading volume in Indonesia, namely USDT, Bitcoin, XRP Coin, Solana, and Ethereum with a transaction value reaching IDR 24.5 trillion.
"This is around 56 percent of the total transactions in the January 2025 period of IDR 44.6 trillion," said Dino at the Tokocrypto Indonesia Crypto Outlook 2025 event, written Saturday (8/2/2025).
The number of coins in circulation and that can be transacted in Indonesia is 1,936 coins with the number of investors reaching 22.9 million.
Dino said that understanding of crypto is still relatively low in Indonesia. This encourages OJK to continue providing understanding related to education and further literacy about crypto investment and transactions to the public.
"Based on the survey, only 31.8 percent of respondents understand the basic principles of crypto. Once it is increased to a more understanding or has done more advanced is still small. This is our focus to improve education and literacy," he explained.
On the same occasion, Dino said that OJK is committed to continuing to monitor the development and strengthening of the implementation of Digital Financial Asset trading while maintaining stability in the financial sector and consumer protection.
"OJK is committed to continuing to strengthen the crypto ecosystem post-transition through collaboration that encourages sustainable innovation, strengthening adaptive regulations, and increasing literacy and protection for investors in order to create a safer and more transparent investment environment," said Dino.
