{"id":46909,"date":"2025-10-10T16:19:28","date_gmt":"2025-10-10T10:49:28","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=46909"},"modified":"2025-10-10T16:19:39","modified_gmt":"2025-10-10T10:49:39","slug":"todays-crypto-market-up-for-india-october-10th-2025","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/market-analysis\/todays-crypto-market-up-for-india-october-10th-2025\/","title":{"rendered":"Today\u2019s Crypto Market Up for India &#8211; October 10th, 2025"},"content":{"rendered":"\n<p>The cryptocurrency market closed the day on a volatile note, with global and local cues influencing price action. Bitcoin briefly dipped below the \u20b91&nbsp;crore mark before recovering, and Ethereum continued to consolidate near the \u20b93.6&nbsp;lakh level. Altcoins delivered mixed performances\u2014some rallied on strong community momentum while others retreated after earlier surges. Overall market sentiment remains cautiously optimistic, with investors weighing macro\u2011economic uncertainty against historical bullish patterns known as \u201cUptober,\u201d where October tends to generate positive returns for Bitcoin and the wider <strong>crypto market<\/strong>.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-black-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/coinswitch.co\/pro\/btc-inr\/csx\" style=\"background-color:#1ec677\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Buy Crypto<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Market movements and cues<\/h2>\n\n\n\n<p>The global crypto market cap is hovering in the \u20b9376&nbsp;trillion range, indicating a slight decline from the previous day. Bitcoin\u2019s recent slide below US$120,000 underscored the market\u2019s sensitivity to macro\u2011economic events and regulatory developments. Analysts link the dip to U.S. government shutdown concerns and regulatory uncertainty in the U.S. and Europe. Despite this, seasonal tailwinds often favour crypto in October, contributing to cautious optimism.<\/p>\n\n\n\n<p>Local factors added to the mix. India\u2019s Financial Intelligence Unit (FIU\u2011IND) issued notices to 25 offshore crypto exchanges for failing to comply with anti\u2011money\u2011laundering rules, ordering platforms to remove apps and websites that serve Indian users. This crackdown reminds traders to use regulated platforms and could temporarily limit liquidity. On a more positive note, the Reserve Bank of India launched a retail sandbox for its digital rupee pilot, allowing fintech firms to build solutions for the e\u2011rupee. The pilot, which started in December&nbsp;2022, now has roughly 7&nbsp;million users. The rollout of India\u2019s <strong>CBDC<\/strong> demonstrates the government\u2019s commitment to blockchain technology even as private crypto remains heavily regulated.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key coins to watch<\/h2>\n\n\n\n<p>Several coins drew attention in India today:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bitcoin (BTC)<\/strong> \u2013 After topping US$125\u00a0k earlier this month, Bitcoin fell below the US$120\u00a0k threshold but later recovered. Investors view this pullback as a typical mid\u2011cycle correction and continue to watch for a rebound.<\/li>\n\n\n\n<li><strong>Ethereum (ETH)<\/strong> \u2013 Ethereum held steady near the \u20b93.6\u00a0lakh (\u2248US$4,377) zone. Upgrades to the network and anticipation of future scaling improvements support long\u2011term sentiment.<\/li>\n\n\n\n<li><strong>Zcash (ZEC)<\/strong> and <strong>Railgun (RAIL)<\/strong> \u2013 Privacy\u2011focused coins surged on speculation around new zero\u2011knowledge applications, with ZEC among the top global gainers.<\/li>\n\n\n\n<li><strong>BNB (BNB)<\/strong> \u2013 Binance Coin rallied as investors rotated into low\u2011fee chains. BNB briefly traded near US$1,330 before consolidating.<\/li>\n\n\n\n<li><strong>Klink Finance (KLINK)<\/strong>, <strong>Kendu (KENDU)<\/strong> and <strong>Crappy Bird (CRAPPY)<\/strong> \u2013 According to CoinGecko\u2019s trending list, these smaller altcoins were among the most searched in India. Their popularity is driven by community hype and speculative interest.<\/li>\n\n\n\n<li><strong>Dash (DASH)<\/strong> and <strong>Walrus (WAL)<\/strong> \u2013 On Indian exchanges, Dash and Walrus ranked among the top trending coins, with Dash rallying over 40% on the day.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Crypto Market cues &amp; updates<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Global cues:<\/strong> The broader market saw investors rotate from large\u2011caps into altcoins after Bitcoin\u2019s pullback. Privacy coins, DeFi tokens and Binance Smart Chain projects outperformed, while stablecoins maintained steady inflows.<\/li>\n\n\n\n<li><strong>Local regulation:<\/strong> FIU\u2011IND\u2019s enforcement actions against unregistered exchanges highlight the importance of compliance. Traders should stick to Indian\u2011regulated platforms and be aware of the 1% TDS and 30% gains tax in force.<\/li>\n\n\n\n<li><strong>Digital rupee pilot:<\/strong> The RBI\u2019s sandbox will expand the e\u2011rupee ecosystem. Industry watchers believe integration with online retail and inter\u2011bank settlement could boost adoption, although widespread use is still a few years away.<\/li>\n\n\n\n<li><strong>Market sentiment:<\/strong> The fear\u2011and\u2011greed index for crypto stands at 70, indicating \u201cgreed\u201d. While traders are optimistic, sharp corrections remain possible due to macro\u2011economic news or regulatory announcements.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin &amp; Ethereum price movement<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th><strong>Metric<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Bitcoin&nbsp;(BTC)<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Ethereum&nbsp;(ETH)<\/strong><\/th><\/tr><\/thead><tbody><tr><td><strong>Price (approx. INR)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b910,110,630<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b9363,307<\/td><\/tr><tr><td><strong>Price (approx. USD)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">$121,814.82<\/td><td class=\"has-text-align-center\" data-align=\"center\">$4,377.19<\/td><\/tr><tr><td><strong>24\u2011h % change<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">+1.40\u202f%<\/td><td class=\"has-text-align-center\" data-align=\"center\">+4.27\u202f%<\/td><\/tr><tr><td><strong>24\u2011h high<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b910,277,233 (\u2248&nbsp;$123,822)<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b9374,206 (\u2248&nbsp;$4,508)<\/td><\/tr><tr><td><strong>24\u2011h low<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b99,936,233 (\u2248&nbsp;$119,714)<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b9352,408 (\u2248&nbsp;$4,246)<\/td><\/tr><tr><td><strong>Sentiment<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Cautiously optimistic; investors expect a bounce after a brief correction.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Neutral to bullish as network upgrades and alt\u2011season optimism offset volatility.<\/td><\/tr><tr><td><strong>Commentary<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">BTC dipped below \u20b91&nbsp;crore before rebounding; regulatory news and macro headwinds drive short\u2011term swings.<\/td><td class=\"has-text-align-center\" data-align=\"center\">ETH consolidates near \u20b93.6&nbsp;lakh, benefiting from DeFi growth and anticipation of future network improvements.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-style-default\"><a href=\"https:\/\/coinswitch.co\/pro\/btc-inr\/csx\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2025\/10\/CoinSwitch-Website-Blog-Coinswitch-pro-bitcoin-graph-live-october-10-2025-1024x576.png\" alt=\"Live Bitcoin (BTC\/INR) price chart on CoinSwitch showing hourly candlestick trends around \u20b911.27 lakh on October 10, 2025, with trading volume and real-time order book data for buy and sell positions.\" class=\"wp-image-46910\" srcset=\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2025\/10\/CoinSwitch-Website-Blog-Coinswitch-pro-bitcoin-graph-live-october-10-2025-1024x576.png 1024w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2025\/10\/CoinSwitch-Website-Blog-Coinswitch-pro-bitcoin-graph-live-october-10-2025-300x169.png 300w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2025\/10\/CoinSwitch-Website-Blog-Coinswitch-pro-bitcoin-graph-live-october-10-2025-768x432.png 768w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2025\/10\/CoinSwitch-Website-Blog-Coinswitch-pro-bitcoin-graph-live-october-10-2025-1536x864.png 1536w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2025\/10\/CoinSwitch-Website-Blog-Coinswitch-pro-bitcoin-graph-live-october-10-2025-2048x1152.png 2048w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2025\/10\/CoinSwitch-Website-Blog-Coinswitch-pro-bitcoin-graph-live-october-10-2025-150x84.png 150w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Top gainers (altcoins)<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th><strong>Altcoin<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Price (approx. INR)<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Price (approx. USD)<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>24\u2011h % change<\/strong><\/th><th><strong>Commentary<\/strong><\/th><\/tr><\/thead><tbody><tr><td><strong>Cream Finance&nbsp;(CREAM)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b9187.30<\/td><td class=\"has-text-align-center\" data-align=\"center\">~$2.26<\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>+87.5\u202f%<\/strong><\/td><td>Lending\u2011platform token surged on news of expanded cross\u2011chain integrations, drawing DeFi enthusiasts.<\/td><\/tr><tr><td><strong>Zora&nbsp;(ZORA)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b98.09<\/td><td class=\"has-text-align-center\" data-align=\"center\">~$0.10<\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>+57.9\u202f%<\/strong><\/td><td>NFT\u2011marketplace coin jumped as traders rotated into art\u2011platform tokens.<\/td><\/tr><tr><td><strong>Subsquid&nbsp;(SQD)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b924.85<\/td><td class=\"has-text-align-center\" data-align=\"center\">~$0.30<\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>+57.25\u202f%<\/strong><\/td><td>Data\u2011indexing project rallied after announcing new partnerships with Web3 developers.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Top losers (altcoins)<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th><strong>Altcoin<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Price (approx. INR)<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Price (approx. USD)<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>24\u2011h % change<\/strong><\/th><th><strong>Potential reasons for decline<\/strong><\/th><\/tr><\/thead><tbody><tr><td><strong>Dovi (Ordin)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b90.368<\/td><td class=\"has-text-align-center\" data-align=\"center\">~$0.0044<\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>\u221280.05\u202f%<\/strong><\/td><td>Thin liquidity and profit\u2011taking after a speculative pump caused a sharp pullback.<\/td><\/tr><tr><td><strong>Gifto&nbsp;(GFT)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b90.154<\/td><td class=\"has-text-align-center\" data-align=\"center\">~$0.0019<\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>\u221267.60\u202f%<\/strong><\/td><td>The metaverse\u2011focused token retraced gains as hype around virtual\u2011world projects cooled.<\/td><\/tr><tr><td><strong>Beta Finance&nbsp;(BETA)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b90.032<\/td><td class=\"has-text-align-center\" data-align=\"center\">~$0.0004<\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>\u221262.11\u202f%<\/strong><\/td><td>Borrow\/lend token dropped amid concerns over declining TVL and competition from larger DeFi protocols.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Outlook for tomorrow<\/h2>\n\n\n\n<p>Tomorrow\u2019s <strong>crypto market<\/strong> in India is expected to remain volatile. Traders will watch how Bitcoin reacts to the US$120&nbsp;k support area and whether Ethereum can hold above \u20b93.5&nbsp;lakh. Altcoins may continue to see outsized moves as investors chase momentum; however, risk management is crucial given the potential for rapid reversals. Local attention will remain on regulatory updates\u2014any further action by FIU\u2011IND could influence sentiment. The digital rupee sandbox may generate positive headlines, but private crypto trading will likely stay dominated by speculative forces.<\/p>\n\n\n\n<p>Overall, the <strong>crypto market analysis<\/strong> suggests maintaining a balanced portfolio, focusing on quality projects like Bitcoin, Ethereum, and fundamentally strong altcoins while exercising caution with highly speculative tokens.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-black-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.coinswitch.kuber\" style=\"background-color:#1ec677\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Download CoinSwitch<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market closed the day on a volatile note, with global and local cues influencing price action. Bitcoin briefly dipped below the \u20b91&nbsp;crore mark before recovering, and Ethereum continued to consolidate near the \u20b93.6&nbsp;lakh level. Altcoins delivered mixed performances\u2014some rallied on strong community momentum while others retreated after earlier surges. Overall market sentiment remains [&hellip;]<\/p>\n","protected":false},"author":129,"featured_media":42996,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[1882,483,6066,6467,6510,6602,6536],"class_list":["post-46909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-altcoins","tag-bitcoin","tag-blockchain","tag-crypto","tag-ethereum","tag-market-update","tag-news"],"acf":{"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":false,"select_disclaimer":"Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment\/financial advice from CoinSwitch. Any action taken upon the information shall be at the user\u2019s risk.","key_takeways":false},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/46909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/129"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=46909"}],"version-history":[{"count":1,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/46909\/revisions"}],"predecessor-version":[{"id":46921,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/46909\/revisions\/46921"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/42996"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=46909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=46909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=46909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}