Macro· ★★· bullish·

0.7 Bitcoin Now Tops 1 Billion Indonesian Rupiah

  • —One BTC is worth about IDR 1.49 billion at a rate of roughly 17,995 per dollar
  • —The rupiah slid from 16,687 per dollar at the start of 2026 to about 18,000
  • —Indonesia's OJK counted 23.21 million crypto accounts in August 2026
  • —In dollars BTC is down 5.5% year to date; in rupiah it is up about 2%
Why it matters: The rupiah's slide boosts bitcoin's local-currency returns for 23 million Indonesian investors and reinforces demand for crypto as a hedge against devaluation.
#BTC
Source: Bitcoin.com
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