IHSG Plummets -45% — Bitcoin Appears Stronger Than Many Global Stock Markets Until now, Bitcoin has always been regarded as the most volatile asset due to its extreme price movements. However, when examining market performance throughout 2026 from their respective peaks, an interesting fact emerges in the global stock markets: Bitcoin has corrected -21.6%, while Ethereum has declined -33%. Meanwhile, several global stock indices have recorded much deeper declines: 🇮🇩 Indonesia IHSG: -45.0% 🇰🇷 South Korea KOSPI: -42.6% 🇨🇳 China Shenzhen: -29.9% 🇹🇷 Turkey BIST 100: -24.5% 🇧🇷 Brazil Bovespa: -19.6% 🇹🇼 Taiwan TAIEX: -16.8% 🇯🇵 Japan Nikkei: -16.1% 🇮🇱 Israel TA-35: -14.9% 🇺🇸 U.S. Nasdaq 100: -13.8% 🇨🇳 China Shanghai Composite: -13.4% 🇿🇦 South Africa JSE: -12.8% 🇭🇰 Hong Kong Hang Seng: -11.6% 🇺🇸 U.S. Nasdaq Composite: -11.2% 🇺🇸 U.S. Russell 2000: -10.7% This phenomenon demonstrates that traditional stock markets can also experience significant pressure — even deeper than Bitcoin over certain periods. So, is Bitcoin truly still the riskiest asset, or have we been underestimating the volatility of global stock markets all along?