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May 10 2026
The crypto market is holding its ground after a volatile week, with Bitcoin successfully stabilizing above the $80,000 mark. While the initial breakout momentum has slowed into a consolidation phase, the market remains "risk-on" as investors weigh a supply squeeze against geopolitical tensions.
Core Market Performance
Bitcoin (BTC): Trading at approximately $80,240 (approx. Rp1.40 billion). BTC has found strong support at the $80k level following a brief retreat from its multi-month high of $82,840. Exchange reserves have reached a seven-year low, which continues to provide a technical floor for the price.
Ethereum (ETH): Currently at $2,310 (approx. Rp40.3 million). Ethereum is following Bitcoin's stabilization but remains in a narrower trading range as it battles long-term resistance.
Market Snapshot: Total crypto market capitalization is steady at $2.63 trillion, with Bitcoin dominance holding firm at 61%.