Bitcoin Dips as Traders Eye Macro Uncertainty

Crypto markets traded lower on Friday, with Bitcoin slipping 3.4% to ₹95.9 lakh and Ethereum down 4.5%. Broader sentiment weakened after renewed caution from global equity investors. Analysts linked the decline to profit-taking ahead of upcoming U.S. employment data and rising dollar strength. Despite volatility, Bitcoin’s market dominance increased to 59.3%, highlighting capital rotation from altcoins. Indian exchanges reported subdued retail activity. Traders expect short-term pressure to persist until macro clarity improves and institutional flows resume into high-cap digital assets later in November.