Today's Crypto Market: Global Sentiment & Impact on IDR

Today's crypto market is facing interesting dynamics, with volatile global sentiment and the price of crypto assets such as Bitcoin (BTC) experiencing a significant decline.

Bitcoin's sharp drop below the $104,000 level last week signaled a major shift in the market, with market sentiment entering the ‘extreme fear’ zone for the first time since April.

What caused this decline and how does it affect the exchange rate of crypto against the IDR?

Read also: Bitcoin Price Prediction Q4 2025: Analysis and Outlook

Today's Crypto Market Sentiment: Bitcoin Decline and Bear Market Concerns

Bitcoin Price Decline

On October 17, 2025, Bitcoin experienced a major decline that pushed the price below $104,000. This marked a significant change from the previous price range of $116,000 to $108,000.

This price decline not only affected Bitcoin, but also shook the entire crypto market, with the global crypto market capitalization evaporating by about $900 billion in a short period of time. This created bearish sentiment among investors and traders.

Fear and Greed Index: Heading Toward Extreme Fear

The Fear and Greed Index, which is often used to gauge crypto market sentiment, shows that the market is currently at its lowest level since April, with “extreme fear” sentiment dominating.

When the market enters this phase, many investors tend to panic and sell off their holdings en masse, which in turn exacerbates the price decline.

However, some analysts believe that the market still has the potential to recover, as long as key support levels hold. However, high market volatility and increased leverage positions add to the risks that traders must be aware of.

Read also: Is Bitcoin a Bubble? Perspectives, Risks, & Future Scenarios

The Impact of Crypto Market Sentiment on the IDR

Bitcoin Price Fluctuations and Their Impact on the IDR

The direct impact of the decline in Bitcoin prices on the IDR can be very significant, especially for Indonesian traders.

As Bitcoin declines, the exchange rate between Bitcoin and the Indonesian Rupiah (IDR) also changes, requiring crypto traders to be more cautious in managing their positions.

For example, if Bitcoin prices drop sharply, Indonesian traders holding Bitcoin or other cryptocurrencies in their portfolios will see the value of their IDR holdings decrease as well.

This will inevitably influence their trading decisions, whether it involves buying, selling, or holding assets.

The Role of Market Psychology in Influencing the IDR

Crypto market psychology greatly influences price movements, including its impact on the IDR. In a bearish market period, such as the current one, many traders tend to sell their assets for fear of further declines.

This can lead to greater selling pressure on crypto and exacerbate exchange rate fluctuations against the IDR.

However, if market sentiment turns more positive, for example with good news about regulation or wider adoption of crypto, then the price of Bitcoin and other cryptos could stabilize or even experience a significant increase, which would have a positive impact on the IDR.

Read also: Causes of Bitcoin's Decline Today: Analysis of Price Pressure & Internal Factors

How to Deal with Uncertain Market Sentiment: Tips for Indonesian Traders

Managing Risk Amid Volatility

Indonesian traders need to understand that the cryptocurrency market is highly volatile and often influenced by unpredictable external factors.

Therefore, it is important for traders to have a good strategy for dealing with risk. Here are some tips that can be applied:

• Diversify Your Portfolio: Don't put all your crypto assets in one coin. Diversification can help reduce the impact of a decline in the price of one asset on your overall portfolio.
• Use Stop-Loss and Take-Profit: Set your loss (stop-loss) and profit (take-profit) limits before entering the market. This will help you stay calm and not get carried away by emotions in highly volatile market conditions.
• Monitor the Fear and Greed Index: This index can be a good indicator of market conditions. When the market is in the “extreme fear” zone, it may be a good time to consider buying at a low price, as long as the risk is in line with your profile.

Read also: Who is Chen Zhi? The Man Behind the $15 Billion in Bitcoin Seized by the US Government

Bittime: A Secure Crypto Trading Platform

If you're a trader looking to protect your crypto assets amid market uncertainty, Bittime is the right choice.

With its user-friendly interface, Bittime offers various features to help traders manage risk, such as automatic stop-loss settings and real-time price monitoring. Bittime also guarantees the security of user funds by using high-level encryption technology.

Try Bittime now and benefit from a secure and efficient crypto trading experience!

Conclusion

Today's crypto market is facing a lot of uncertainty, with Bitcoin prices falling sharply and market sentiment filled with fear.

However, for Indonesian traders, understanding the impact of market sentiment on the IDR value and managing risk wisely is crucial. Using a secure platform like Bittime can help traders stay calm and manage their portfolios amid market volatility.

To navigate these challenging market conditions, it is important for traders to monitor market movements, follow sentiment analysis, and make decisions based on solid research and strategy.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

FAQ

What is today's crypto market sentiment?

Today's crypto market sentiment refers to the general feelings or attitudes among crypto investors, whether the market is filled with fear or greed. This affects price movements.

How does the decline in Bitcoin prices affect the IDR?

A decline in Bitcoin prices will cause the exchange rate of Bitcoin against the IDR to fall. Indonesian traders who own Bitcoin will see a decline in the value of their portfolios in Rupiah.

What should Indonesian traders do in a bearish market?

Traders can manage risk by diversifying their portfolios, using stop-loss and take-profit orders, and utilizing secure trading platforms.

What is the Fear and Greed Index?

The Fear and Greed Index is a tool that measures crypto market sentiment. When the market is in a state of “extreme fear,” prices often fall, while “extreme greed” can indicate potential overbuying.

What are the benefits of using Bittime?

Bittime provides a secure and reliable platform for crypto trading, with features such as automatic stop-loss, price monitoring, and high-level encryption to keep your assets safe.