Bitcoin

This event underscores capital flight from Indonesian assets, potentially triggering a contagion effect across other emerging markets and reinforcing a risk-off tone globally. Given crypto's extreme fear (Fear & Greed 8) and bearish sentiment, any additional macro pressure could accelerate selling into support levels, while a successful roadshow might stabilize sentiment temporarily.

Indonesian sovereign wealth fund Danantara is set to begin its US dollar bond roadshow in the United States this week amid a deepening selloff in Indonesian markets.