**Despite a Sluggish Market, Indonesian Crypto Investors Still Thrive, Reaching 19 Million People**

The Financial Services Authority (OJK) recorded a 2.5% increase in the number of crypto market participants to 19.08 million consumers in October. This indicates that the Indonesian public is becoming more aware of crypto digital assets, even though the market has been experiencing a downturn recently.

This event aligns with the clarity of regulations regarding crypto assets, both in Indonesia and abroad. It is consistent with the diverse options for crypto exchanges in Indonesia, which show significant growth.

However, the number of crypto asset transactions in Indonesia has drastically decreased to Rp37.2 trillion, or about 24% in November. Previously, in October, transactions were recorded at Rp49.2 trillion.

Thus, the total transactions of crypto market participants in Indonesia throughout the year 2025 now amount to Rp446 trillion. This is due to the continuous decline in the crypto market since last October.

As information, Bitcoin $BTC has dropped 26% from its peak of US$126 thousand since October. This has also caused the crypto market capitalization to decrease, especially since this asset dominates about half of the crypto market.