Jakarta, Pintu News – Crypto market movements are back in the spotlight after Bitcoin (BTC) experienced a sharp drop to breach psychologically important levels, triggering massive liquidations and increasing volatility in the global cryptocurrency market.

The price of Bitcoin (BTC) was recorded to fall below the US$92,000 level, which is equivalent to around Rp1,560,872,000 using an exchange rate of Rp16,966 per US dollar. This drop occurred in a short period of time and coincided with high selling pressure over the weekend. Psychological levels like this are often of concern as they affect the sentiment of market participants at large.
The price correction marked a short-term change in direction after a previous period of consolidation. Many market participants took advantage of the weekend liquidity to adjust their positions. As a result, selling pressure increased and pushed the Bitcoin price to lower levels.
Also Read: 5 Realistic Ways to Earn 2 Million in a Day, Here’s the Secret!
Bitcoin’s price drop triggered the liquidation of leveraged positions in the crypto derivatives market. The total liquidation reportedly reached hundreds of millions of US dollars, or the equivalent of trillions of rupiah in a short period of time. This shows the high risk exposure of leveraged trading.
Liquidation occurs when a trader’s position is automatically closed due to inability to meet margin. This phenomenon accelerates price declines as it creates additional selling pressure. The impact is not only felt by Bitcoin, but also by other cryptocurrencies such as Ethereum (ETH) and Ripple (XRP).
Selling pressure on Bitcoin usually has a direct impact on the altcoin market. Ethereum (ETH) and a number of other crypto assets have also corrected as risk aversion increases. The high correlation between cryptocurrency assets makes Bitcoin’s movement a key market reference.
In addition, trading volumes increased sharply during the period of falling prices. This surge in volume reflects hedging activity, position closing, as well as short-term speculation, indicating that the crypto market is still highly sensitive to changes in global sentiment.

The pressure on Bitcoin’s price does not occur in a vacuum. Global macroeconomic factors, including monetary policy uncertainty and movements in traditional financial markets, also affect appetite for risky assets. In such a situation, investors tend to reduce exposure to volatile assets like crypto.
Market psychology also plays an important role in magnifying price movements. Chain sell-offs are often triggered by fears of further declines. This creates a domino effect that accelerates price corrections in the short term.
These events serve as a reminder that volatility remains a key characteristic of the cryptocurrency market. Investors need to understand the risks of leverage and the importance of risk management in volatile market conditions. Price corrections are also often seen as a natural phase in the digital asset market cycle.
On the other hand, sharp moves like these provide important data for future market analysis. Price responses to psychological levels and liquidation volumes can be indicators of short-term sentiment. As such, these dynamics are relevant for market watchers, traders, and long-term investors.
Also Read: 10 Ways to Make Money from Games Quickly but Realistically (Online & Mobile)
Follow us on Google News to get the latest information about crypto and blockchain technology. Check Bitcoin price today, Solana price today, Pepe coin and other crypto asset prices through Pintu Market.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.
*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.
Reference:
© 2026 PT Pintu Kemana Saja. All Rights Reserved.
The trading of crypto assets is carried out by PT Pintu Kemana Saja, a licensed and regulated Digital Financial Asset Trader supervised by the Financial Services Authority (OJK), and a member of PT Central Finansial X (CFX) and PT Kliring Komoditi Indonesia (KKI). Crypto asset trading is a high-risk activity. PT Pintu Kemana Saja do not provide any investment and/or crypto asset product recommendations. Users are responsible for thoroughly understanding all aspects related to crypto asset trading (including associated risks) and the use of the application. All decisions related to crypto asset and/or crypto asset futures contract trading are made independently by the user.