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Bitcoin plunges again after week of heavy losses
Bitcoin extended its decline after a volatile week, while ICICI Prudential Mutual Fund reopened select international schemes with capped investments.
Bitcoin plunged again after a week of heavy losses, as selling pressure intensified across crypto markets amid risk aversion and tighter liquidity. Prices fell sharply, erasing recent gains and triggering cautious positioning by traders. Analysts cited macro uncertainty and leverage unwinds as key drivers. Separately, ICICI Prudential Mutual Fund resumed subscriptions in three international schemes, capping investments at ₹2 lakh per PAN to manage inflows.