Geopolitical Tensions Heat Up, Yet Bitcoin Strengthens
REPUBLIKA.CO.ID, JAKARTA – Bitcoin’s price broke through the $80,000 US level on Tuesday (5/5/2026), marking its highest position in the last three months. This strengthening occurred amid inflows of institutional funds through Bitcoin ETFs and rising global sentiment.
Market data shows inflows to Bitcoin ETFs reached around $625 million US in a single trading day. This increase was also accompanied by a surge in daily transaction volume to approximately $48 billion US, indicating heightened activity among market participants.
Indodax Vice President Antony Kusuma stated that Bitcoin’s current movements are influenced by a combination of global market factors and geopolitical uncertainties that drive investors to seek alternative assets. “Bitcoin is currently in a unique position as it receives a push from two directions at once. On one hand, it moves in line with global market sentiment, but on the other, it is also beginning to be considered as an alternative amid geopolitical uncertainties. This condition indicates positive momentum in the market, but the dynamics occurring in the market still need to be analysed carefully,” said Antony on Tuesday (5/5/2026).
He assessed that the influx of institutional funds through ETFs strengthens the crypto market structure while increasing investor confidence.
CoinMarketCap data shows that total assets in Bitcoin ETFs are now around $105 billion US, reflecting greater institutional participation.
Antony added that the strengthening trend is heading towards a bullish phase, although market participants still need to monitor volatility, which is the main characteristic of crypto assets.
He assessed that the sustainability of the price momentum greatly depends on global liquidity conditions, macroeconomic factors, and world geopolitical developments.
Amid these dynamics, Indodax considers risk understanding to be an important factor for investors. This crypto asset trading platform continues to expand investment education through various literacy programmes to help the public understand the opportunities and risks in the crypto market.
Indodax also emphasises the importance of a measured investment approach with disciplined risk management so that investors can respond to market movements more rationally amid global volatility.