The Indian crypto market continued its steady march today. Major coins like Bitcoin and Ethereum held firm, while select altcoins saw spirited moves. This crypto market update gives you an easy-to-read breakdown of price action, top performers, laggards, trending tokens, and what to watch for tomorrow. Whether you’re a seasoned trader or a curious newbie, read on for the latest crypto India outlook.
Bitcoin & Ethereum Price Movement
Metric | Bitcoin (BTC) | Ethereum (ETH) |
---|---|---|
Price (approx. in INR) | ₹9.87 million | ₹3.815 lakh |
Price (approx. in USD) | ≈ $112.175 K | ≈ $4.33 K |
24‑h % change | ≈ +1.5 % | ≈ +1.5 % |
24‑h high | ₹9.96 M / ≈ $113.18 K | ₹3.86 L / ≈ $4.38 K |
24‑h low | ₹9.78 M / ≈ $111.17 K | ₹3.77 L / ≈ $4.28 K |
Market sentiment | Moderately bullish; capital inflows and strong dominance | Cautiously optimistic; steady on-chain activity |
Commentary | Bitcoin stayed in a tight range above ₹9.8 M. Dip-buying near support indicates underlying strength. | Ethereum tracked Bitcoin but lagged slightly. DeFi usage and Layer‑2 growth remain supportive. |
Top Gainers (Altcoins)
Altcoin | 24‑h Change | Comment |
---|---|---|
NEAR Protocol (NEAR) | +8.9 % | Continued developer momentum and cross‑chain interest lifted the token. |
Solana (SOL) | +5.1 % | Strong network throughput and DApp activity drew new buyers. |
Cardano (ADA) | +5.1 % | Staking upgrades and upcoming Hydra rollout boosted sentiment. |
Floki Inu (FLOKI) | +7.5 % | Meme‑coin resurgence plus community-driven promotions spurred gains. |
Shiba Inu (SHIB) | +4.4 % | Increased whale accumulation and Shibarium updates fueled optimism. |
Top Losers (Altcoins)
Altcoin | 24‑h Change | Reason for Decline |
---|---|---|
Cronos (CRO) | –8.0 % | Profit‑taking after earlier rally; lower exchange volumes weighed. |
Stellar (XLM) | –5.0 % | Cooled off after a multi‑day climb; lack of new catalysts. |
Avalanche (AVAX) | –4.0 % | Market rotation toward other Layer‑1 coins; high fees a concern. |
Chainlink (LINK) | –1.0 % | Minor retracement; quiet news flow kept traders on sidelines. |
Dogecoin (DOGE) | –1.4 % | Meme‑coin hype cooled briefly; futures funding rates drifted lower. |
Crypto Market Movements & Cues
- Macro backdrop: A softer US dollar and expectations of a Federal Reserve rate cut provided global support. Rupee volatility around the ₹88/$ mark continues to influence INR‑denominated returns.
- Global indicators: Total crypto market capitalisation sits just under $4 trillion, with Bitcoin dominating around 56 %. Ethereum holds roughly 13 % dominance.
- Sentiment gauges: Fear‑and‑greed indices flashed neutral, aligning with the day’s mostly sideways action.
Trending Coins in India
On popular Indian exchanges and watchlists today, users showed heightened interest in:
- Worldcoin (WLD) – surging thanks to AI-related narratives.
- MYX Finance (MYX) – a top trending gainer, though liquidity is thinner.
- Solana (SOL) and Ethereum (ETH) – continuing to attract large‑cap attention.
- Shiba Inu (SHIB) and Dogecoin (DOGE) – meme‑coin favourites remain on the radar.
- XRP – investors eye potential regulatory resolutions.
This mix of AI‑themed tokens, Layer‑1 networks, and meme coins highlights the broad appetite across the Indian crypto community.
Crypto Updates & Tomorrow’s Outlook
Today’s muted macro volatility allowed crypto prices to consolidate. Watch these factors for tomorrow:
- Macro releases: Any surprises in global economic data (inflation, jobs) could spark moves.
- USD/INR swings: A stronger or weaker rupee will magnify price changes in INR.
- Institutional flows: Continued institutional interest, especially in Bitcoin and Ethereum, can support price stability.
- Altcoin catalysts: Keep an eye on ecosystem upgrades or announcements (e.g., Solana network updates, Cardano scaling solutions) that could drive further gains.
Overall, expect a modestly positive tone if current conditions hold. Range‑bound trading in majors could persist, with select altcoins providing opportunities.
Final Thoughts
The crypto today market in India shows resilience as majors hold key levels and altcoins rotate leadership. Staying informed through daily cryptocurrency news, understanding local and global cues, and keeping a diversified watchlist can help you navigate the ups and downs. Whether you’re exploring new tokens or sticking with Bitcoin and Ethereum, an informed approach remains your best strategy in this dynamic space.