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7h agoBitcoin Falls 3.4% as Profit Booking Hits Crypto Rally
After a week of strong gains, Bitcoin declined 3.4% to ₹95.9 lakh as traders booked profits ahead of US macro updates. Market analysts noted that AI-driven equities’ volatility spilled into digital assets, sparking temporary caution. Ethereum mirrored the trend, dropping over 4%. Despite the correction, long-term fundamentals remain intact, backed by institutional demand and ETF inflows. Exchanges saw a modest rise in stablecoin liquidity as investors rotated to safety. Experts believe the current pullback may serve as consolidation before the next leg of the crypto uptrend resumes.
neutral
7h agoBitcoin Falls 3.4% as Profit Booking Hits Crypto Rally
After a week of strong gains, Bitcoin declined 3.4% to ₹95.9 lakh as traders booked profits ahead of US macro updates. Market analysts noted that AI-driven equities’ volatility spilled into digital assets, sparking temporary caution. Ethereum mirrored the trend, dropping over 4%. Despite the correction, long-term fundamentals remain intact, backed by institutional demand and ETF inflows. Exchanges saw a modest rise in stablecoin liquidity as investors rotated to safety. Experts believe the current pullback may serve as consolidation before the next leg of the crypto uptrend resumes.
neutral
Bitcoin Falls 3.4% as Profit Booking Hits Crypto Rally
about 7 hours ago
1 min read
87 words
Bitcoin slid 3.4% to ₹95.9 lakh as traders took profits amid equity volatility, though institutional demand kept long-term sentiment firm.
After a week of strong gains, Bitcoin declined 3.4% to ₹95.9 lakh as traders booked profits ahead of US macro updates. Market analysts noted that AI-driven equities’ volatility spilled into digital assets, sparking temporary caution. Ethereum mirrored the trend, dropping over 4%. Despite the correction, long-term fundamentals remain intact, backed by institutional demand and ETF inflows. Exchanges saw a modest rise in stablecoin liquidity as investors rotated to safety. Experts believe the current pullback may serve as consolidation before the next leg of the crypto uptrend resumes.
After a week of strong gains, Bitcoin declined 3.4% to ₹95.9 lakh as traders booked profits ahead of US macro updates. Market analysts noted that AI-driven equities’ volatility spilled into digital assets, sparking temporary caution. Ethereum mirrored the trend, dropping over 4%. Despite the correction, long-term fundamentals remain intact, backed by institutional demand and ETF inflows. Exchanges saw a modest rise in stablecoin liquidity as investors rotated to safety. Experts believe the current pullback may serve as consolidation before the next leg of the crypto uptrend resumes.
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Oct 31, 2025 • 16:09 IST