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May 9 2026
The crypto market is entering the weekend with a mix of consolidation and local recovery after a volatile week that saw Bitcoin reclaim—and then struggle to hold—the $80,000 level.
Core Market Performance
Market sentiment has shifted to a "cautious hold" as traders digest month-end earnings and ongoing geopolitical friction.
Bitcoin (BTC): Currently trading at approximately $80,140 (approx. Rp1.39 billion). BTC has snapped a two-day losing streak, successfully stabilizing above the $80k psychological floor after a mid-week short squeeze briefly sent it toward $82,000.
Ethereum (ETH): Hovering around $2,310 (approx. Rp40.2 million). While recovering from yesterday’s dip, ETH remains roughly 35% below its 2025 highs, continuing to trail Bitcoin's year-to-date recovery pace.Total Market Cap: Stabilizing at $2.63 trillion, with Bitcoin dominance holding firm at 61%.