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Crypto

Rupee Weakness Fails to Stem Bitcoin's Global Selloff in India

Guavy AI Editorial Team
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BTC SOL XRP DOGE ZEC
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Bitcoin's price has fallen below ₹75 lakh in India due to increased selling pressure globally. The global market is being weighed down by rising oil prices, higher US yields, and growing inflation concerns.

The rupee's weakness is helping cushion the decline for Indian investors. Currently, the INR trades at around ₹95.10 per dollar.

Crypto markets are experiencing losses, with NEAR and Zcash performing relatively better than XRP, Solana, and Dogecoin.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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