Bitcoin Price Today Touches Rp1.86 Billion: What Made BTC Rise Again?(8/21/25)

Updated

August 21, 2025

Gambar Bitcoin Price Today Touches Rp1.86 Billion: What Made BTC Rise Again?(8/21/25)

Jakarta, Pintu News – The price of Bitcoin on August 21, 2025 strengthened again and touched Rp1.86 billion per coin, based on data from CoinGecko. In the last 24 hours, the value of Bitcoin rose 0.93% after previously experiencing price pressure in the past week. Meanwhile, CoinMarketCap recorded the price of BTC at around Rp1.86 billion or around $114,124, with a market capitalization of Rp37,003 trillion.

According to CMC AI’s analysis, one of the main drivers of Bitcoin’s price increase comes from growing institutional demand. Several large institutions such as CoreDAO and Hex Trust have launched Bitcoin-based staking products, further adding confidence in the largest crypto asset.

What Makes the Crypto Community Optimistic?

Data from CoinMarketCap shows that more than 82% of the 4.5 million community votes expressed bullish sentiment towards Bitcoin. This means that the majority of market participants believe the price of this cryptocurrency will still rise in the near future. This contrasts with the 18% bearish votes that predicted a potential price drop.

This positive community sentiment is supported by the momentum of institutional adoption and faith in Bitcoin’s new utility through layer-2 development. Solid community support is often an important indicator in keeping crypto market psychology upbeat.

Also Read: 5 Trading Signals Bitcoin (BTC) is Under Pressure-Is This the Start of a Major Correction?

When will Bitcoin start to recover?

In the past week, the price of Bitcoin had dropped by 7.09% before finally rebounding. Data from CoinMarketCap noted that BTC found an important support point at the level of $111,943 or around Rp1.82 billion. Although the selling pressure was quite high, the price managed to survive and actually bounced up.

This recovery is referred to as a technical bounce, where BTC bounces off strong support levels despite the general market being in a volatile state. This technical factor is one of the reasons why the price has moved up again in the last 24 hours.

Where is the current Bitcoin Supply Position?

Bitcoin supply has now reached 19.9 million BTC out of a maximum total of 21 million BTC, according to CoinMarketCap data. This means that there is less and less Bitcoin left to mine. This is often considered a scarcity factor that could support future prices.

Bitcoin’s market capitalization was recorded at $2.27 trillion, with a daily trading volume of $65.47 billion. These figures confirm Bitcoin’s position as the largest cryptocurrency with a significant influence on the overall crypto market.

Why is Layer-2 Innovation So Important?

In addition to institutional factors, optimism for Bitcoin is also triggered by the development of layer-2 technology. One of them is the Bitcoin Hyper project which managed to raise presale funds of $10.8 million or around Rp176.3 billion. This innovation is believed to expand Bitcoin’s utility beyond just a store of value.

According to CMC AI’s analysis, the layer-2 development steps add to the belief that Bitcoin can develop further than just “digital gold”. As such, the potential expansion of Bitcoin’s use in the crypto ecosystem is expected to increase.

What are the Future Prospects of Bitcoin?

Although Bitcoin price is currently showing a recovery trend, analysts warn of high volatility in the cryptocurrency market. Global macroeconomic factors, regulatory policies, as well as institutional adoption rates will still be key variables in determining price direction.

Based on data compiled from CoinMarketCap and CoinGecko, Bitcoin is still on a positive path with community and institutional support. However, crypto investors are still advised to be cautious as this market is highly influenced by external factors that can change quickly.

Also Read: 5 Secrets to Using Crypto Trading Signals to Increase Investment Profits!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.