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May 6 2026
The crypto market is maintaining its bullish momentum this morning, with Bitcoin successfully holding its position above the significant $81,000 level following a massive short squeeze.
Core Market Performance
Bitcoin (BTC): Trading at approximately $81,150 (approx. Rp1.41 billion). It hit an intraday high of $81,785 overnight, triggered by a $450 million short squeeze. BTC has now risen for six consecutive days.
Ethereum (ETH): Currently priced around $2,382 (approx. Rp41.1 million). ETH is seeing its longest winning streak since mid-2025, gaining over 6% in the last week.
Market Snapshot: Total crypto market capitalization has climbed to $2.66 trillion, with Bitcoin dominance rising slightly to 61.2%.