The crypto market staged a modest rebound in India today, buoyed by improving sentiment across global markets. After a week of heavy selling driven by macro uncertainty and regulatory worries, both Bitcoin and Ethereum recovered, pulling altcoins higher. In the early morning session, the global crypto‑market cap hovered around $3.75 trillion with a 24‑hour gain above 3 %, and volumes improved as traders bought the dip.
Local investors tracked the rupee closely – with the USD/INR rate at ~87.78, Bitcoin’s recovery translated into an impressive jump back near the ₹9.75 million mark. Ethereum followed suit, stabilizing above ₹3.56 lakh. Despite improved optimism, caution persists; the Crypto Fear & Greed Index remains in the “extreme fear” zone, reflecting lingering concerns about ETF outflows and high interest rates.
Market movements
• Global cues: The market bounce was fuelled by easing U.S.–China trade tensions and whispers that leaders might discuss trade at the upcoming APEC summit. Expectations that monetary tightening may pause encouraged risk appetite, while a brief lull in regulatory headlines allowed traders to focus on technicals. On-chain data also showed reduced selling pressure from Bitcoin miners, adding confidence.
• Local cues: In India, discussions about an RBI‑backed digital currency resurfaced. Commerce & industry minister Piyush Goyal reiterated that cryptocurrencies not backed by assets face heavy taxation, signalling policy caution but no outright ban. News of a domestic digital rupee – aimed at faster, traceable transactions – reduced speculative interest in unregulated tokens, yet the market viewed the statements as a green light for innovation.
• Altcoins catch a bid: Several AI‑ and DeFi‑themed altcoins rallied sharply, encouraged by improving risk sentiment and technical breakouts. Some of the earlier laggards posted double‑digit gains as traders rotated out of underperforming assets.
Bitcoin & Ethereum price movement
Metric | Bitcoin (BTC) | Ethereum (ETH) |
---|---|---|
Price (approx. INR) | ₹9,757,605 | ₹356,878 |
Price (approx. USD) | $111,154.71 | $4,065.41 |
24‑h % change | +3.93 % | +4.22 % |
24‑h high | ₹9,765,410 (≈ $111,243.62) | ₹357,680 (≈ $4,074.55) |
24‑h low | ₹9,318,955 (≈ $106,157.79) | ₹337,422 (≈ $3,843.77) |
Sentiment | Cautiously optimistic | Building momentum |
Commentary | Buyers defended the ₹9.3 M zone, pushing BTC back above $111k; supply from miners eased and open interest rose. | ETH reclaimed $4k as traders priced in lower rates and renewed DeFi activity; gas fees stayed manageable. |
Top gainers (altcoins)
Altcoin | 24‑h price change | Commentary |
---|---|---|
Synthetix (SNX) | +17.64 % | Broke out of a descending triangle with strong volume; rising Chaikin Money Flow signalled renewed buying. |
SPX6900 (SPX) | +13.93 % | Technical breakout above $1.05; whale accumulation and broader crypto strength drove momentum; watch $1.27 resistance. |
Morpho (MORPHO) | +13.06 % | Cleared swing high at $2.14; spot buyers injected $4.9 M while the Ethereum Foundation deposited ETH and stablecoins into Morpho vaults. |
Artificial Superintelligence Alliance (FET) | +11.15 % | Rebounded after being oversold: traders saw value in the AI‑token after Ocean Protocol’s exit; speculation on AI partnerships returned. |
Bittensor (TAO) | +10.70 % | Rallied on bullish technicals and an impending halving; an $11 M private placement by TAO Synergies to buy tokens and build nodes drove optimism. |
Top losers (altcoins)
Altcoin | 24‑h price change | Commentary |
---|---|---|
Flare (FLR) | −1.45 % | Profit‑taking after prior gains; lacked fresh catalysts. |
Trust Wallet Token (TWT) | −0.54 % | Slight pullback as traders rotated into AI‑themed tokens; fundamentals remain intact. |
Top trending coins in India
According to CoinGecko’s trending list for India, today’s most searched coins include Undeads Games (UDS), LAB, Origin LGNS, Bitcoin (BTC), Shiba Inu (SHIB), Ethereum (ETH), Solana (SOL), Enzyme (MLN), ChainOpera AI (COAI), XRP, Aster (ASTER), Pump.fun (PUMP), Bittensor (TAO), Pepe (PEPE) and Dogecoin (DOGE). These tokens draw interest because of mix of gaming‑, AI‑ and meme‑related narratives.
Crypto updates and coins to watch
• Synthetix (SNX) tops the gainers after a sharp technical breakout and strong capital inflows. Continued strength could attract derivatives traders seeking yield.
• SPX6900 remains volatile; watch for resistance near $1.27. Whale buying hints at potential upside, but profits may be quick.
• Morpho (MORPHO) is seeing real‑world utility through integration with DeFi vaults. The Ethereum Foundation’s deposits signal long‑term confidence.
• FET (Artificial Superintelligence Alliance) regained ground after previous shocks. While long‑term prospects hinge on successful integration of Fetch.ai, SingularityNET and Ocean Protocol, the bounce shows speculators aren’t ready to give up on AI tokens.
• Bittensor (TAO) continues to capture headlines. Traders view it as a bet on decentralised AI networks, and the upcoming halving plus an oversubscribed $11 M fundraising round may keep momentum alive.
• Flare (FLR) and Trust Wallet Token (TWT) slipped, mainly because capital flowed into higher‑beta coins. Their fundamentals haven’t changed, so a rebound is possible if broader sentiment improves.
Outlook for tomorrow
Tomorrow’s session will likely hinge on macro developments. If risk appetite continues—helped by positive signals from the U.S.–China dialogue and stable inflation data—Bitcoin could attempt to test ₹10 million while Ethereum might push toward ₹3.7 lakh. Conversely, any hawkish commentary from central bankers or renewed ETF outflows could stall the rally. In altcoins, watch whether traders continue rotating into AI‑focused tokens; TAO and FET remain in play.
Overall, the crypto market in India appears cautiously constructive: buyers are stepping in, but they remain sensitive to macro headlines. Diversify exposure and stay alert to global cues while monitoring Indian regulatory developments.
Crypto News India: Market Sentiment Update (17 Oct 2025)
The crypto news today in India focuses on a market under pressure, as Bitcoin (BTC) and Ethereum (ETH) slipped below key support levels. According to the latest market data, Bitcoin traded around $108,400 (≈ ₹95.32 lakh), while Ethereum hovered near $3,900 (≈ ₹3.43 lakh). Both coins saw price swings within tight ranges as cautious sentiment and macro‑economic concerns weighed on digital assets. This crypto market update shows overall market capitalisation dipped below the $3.8 trillion mark, with major tokens struggling to gain traction.
Crypto Market Overview and Cues
Global Sentiment
- Weak risk appetite: International markets remain cautious amid softer economic data from the US and Europe. The U.S. Federal Reserve’s hawkish stance and potential rate hikes have dampened risk sentiment, prompting investors to reduce exposure to high‑beta assets like cryptocurrencies.
- Support levels breached: Both Bitcoin and Ethereum dipped below important support zones ($110,000 and $4,000 respectively), triggering additional selling pressure. Altcoins such as Solana, Dogecoin, and Cardano also fell sharply over the past week, reflecting broader market volatility.
- Institutional activity: Despite short‑term weakness, institutional interest persists. Reports indicate large holders continue accumulating Ethereum, and inflows into crypto investment products remain stable. However, profit‑taking dominates today’s trading, reinforcing a cautious outlook.
Local Cues and Regulatory Environment
- Tax investigation: India’s tax authority has launched a major investigation into more than 400 Binance traders suspected of evading crypto taxes between 2022 and 2025. Authorities have asked local tax offices to submit findings by 17 Oct 2025, signalling stricter enforcement. This probe highlights India’s stringent taxation regime (30 % on gains plus 1 % TDS) and contributes to cautious trading among high‑net‑worth investors.
- Rupee dynamics: The Indian rupee traded near 88 per US dollar today. A slightly firmer rupee made dollar‑denominated crypto assets more expensive in local terms, adding to bearish pressure.
- Market participation: Indian exchanges reported muted volumes as traders awaited clarity on regulatory developments and global cues. Retail interest largely centred on memecoin trading and short‑term speculation in small‑cap tokens.
Bitcoin & Ethereum Price Movement (Crypto Market Update)
Metric | Bitcoin (BTC) | Ethereum (ETH) |
---|---|---|
Price (approx. INR) | ₹9,532,000 | ₹342,900 |
Price (approx. USD) | $108,400 | $3,900 |
24‑h % change | -2.3 % | -2.5 % |
24‑h high | ₹9,600,000 (≈ $109,232) | ₹347,200 (≈ $3,950) |
24‑h low | ₹9,486,700 (≈ $107,942) | ₹341,800 (≈ $3,889) |
Sentiment | Bearish; BTC dipped below ₹9.6 million, triggering stop‑losses. Short‑term traders remain cautious, while long‑term holders see dips as accumulation opportunities. | Bearish; ETH fell under ₹3.5 lakh amid weak global cues and tax concerns. Some institutional buying near support helped limit the downside. |
Commentary | BTC struggled to maintain momentum after breaching $110 k support. Its dominance slipped slightly as traders rotated into smaller assets. | ETH mirrored BTC’s weakness and remains sensitive to macro sentiment. Network fundamentals stay strong, but short‑term price direction is tied to broader market risk appetite. |
Top Gainers (Altcoins)
Although most of the market was in the red, a few smaller tokens posted modest gains:
Altcoin | 24‑h change | Commentary |
---|---|---|
Figure Heloc (FIGR_HELOC) | +1.94 % | The token bucked the market trend, benefiting from renewed interest in DeFi lending protocols. Its use case in tokenising home equity captured trader attention. |
USDS (USDS) | +0.10 % | This stablecoin ticked higher thanks to increased arbitrage and safe‑haven demand. Its slight positive move underscores the risk‑off mood as investors park funds in dollar‑pegged assets. |
Crypto One (ONE) | +48.2 % (24‑h trending) | Highly volatile and micro‑cap, Crypto One topped CoinGecko’s trending list in India. Speculative interest and social‑media hype fuelled its surge. Traders should exercise caution due to thin liquidity. |
Top Losers (Altcoins)
Many altcoins saw sharp declines as selling pressure intensified. Here were the notable laggards:
Altcoin | 24‑h change | Potential Reason |
---|---|---|
ChainOpera AI (COAI) | -15.80 % | Profit‑taking hit AI‑themed tokens after a steep run‑up earlier this month. Concerns over valuation and regulatory scrutiny weighed on sentiment. |
Zcash (ZEC) | -10.62 % | Privacy coins remain under pressure amid heightened regulatory oversight and low liquidity. |
Mantle (MNT) | -8.79 % | The Layer‑2 scaling token retreated as traders shifted focus away from high‑beta assets. |
Aave (AAVE) | -8.04 % | DeFi lending platforms faced outflows, contributing to Aave’s slide. |
Bittensor (TAO) | -7.07 % | The AI‑driven network fell as speculative interest cooled. Heavy selling by short‑term holders amplified the decline. |
Top Trending Coins in India
According to the crypto trending list, Crypto One (ONE), LAB (LAB), Undeads Games (UDS), and Origin LGNS (LGNS) were the most searched cryptocurrencies in India on 17 Oct 2025. These micro‑cap tokens saw heightened social‑media chatter and spikes in trading volume, highlighting a speculative tilt among retail traders.
Crypto Updates and Coins to Watch
- Key coins to watch: BTC and ETH remain the primary market drivers. Watch the $110 k and $4 k levels, respectively; sustainable moves above these thresholds could signal renewed bullish momentum. Altcoins such as Solana (SOL) and XRP are also pivotal; both are hovering near major support zones and could lead a broader recovery if sentiment improves.
- Macro events: Investors should monitor upcoming US economic data and Federal Reserve commentary, as macro announcements continue to dictate risk appetite. Additionally, any updates on India’s ongoing tax investigation or clarity on virtual asset regulations could influence local trading behaviour.
- Regulatory developments: Beyond the Binance probe, the Financial Intelligence Unit has been blocking offshore exchanges that fail to register under anti‑money‑laundering guidelines. Traders should ensure they use compliant platforms to avoid disruptions.
Outlook for Tomorrow
The market tone remains cautious heading into the weekend. Traders expect continued range‑bound movement unless a significant macro catalyst emerges. Short‑term sentiment may improve if Bitcoin reclaims the $110 k mark and if equities stabilize. However, regulatory overhang and looming tax deadlines in India could keep trading volumes subdued. Investors are advised to maintain disciplined risk management, focus on high‑quality projects, and avoid over‑leveraging in volatile altcoins.
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Crypto News, Market Sentiment Today in India – 16 October 2025
In today’s crypto market news update we can see that the market sentiment has been on a roller‑coaster ride this month. After a sharp mid‑October sell‑off wiped out hundreds of billions of dollars in market value, prices have stabilized but sentiment remains cautious. The global crypto market capitalization sits near $3.86 trillion, with 24‑hour trading volumes around $194 billion. Bitcoin dominance is just above 57 %, while Ethereum commands about 12.5 % of the market. The crypto fear & greed index is hovering in the “fear” zone, indicating that investors are still wary after recent volatility. On the domestic front, the rupee has remained relatively steady against the dollar, but regulatory uncertainty around India’s forthcoming crypto bill and the ongoing rollout of the digital rupee continue to influence local sentiment.
Market movements and cues
Global cues: The recent pullback was triggered by a combination of factors: hawkish comments from the US Federal Reserve, renewed geopolitical tensions and a flood of leveraged positions being liquidated. While the market has since steadied, sentiment is fragile. Institutional interest remains high, especially around the newly launched spot crypto ETFs in the US and Europe, but traders are wary of further shocks. Macro headwinds such as elevated bond yields and slower economic growth in China could keep risk appetite subdued.
Local cues: In India, regulators have signalled a cautious but constructive approach towards digital assets. The Reserve Bank of India continues to test the digital rupee, and any clarity on taxation or licensing could be a catalyst for domestic volumes. Indian exchanges have reported steady inflows into Bitcoin and Ethereum, and many retail investors are taking advantage of the recent dip to accumulate. However, strict know‑your‑customer (KYC) requirements and potential restrictions on self‑custody remain points of debate.
Bitcoin & Ethereum price movement
Below is a snapshot of how the two largest cryptocurrencies performed over the past 24 hours. Prices are approximate and rounded for clarity.

Metric | Bitcoin (BTC) | Ethereum (ETH) |
---|---|---|
Price (approx. INR) | ₹9,773,435 | ₹352,248 |
Price (approx. USD) | $111,053 | $4,010 |
24‑h % change | −1.6 % | −2.7 % |
24‑h high | ₹10,017,432 (≈ $113,825) | ₹371,294 (≈ $4,227) |
24‑h low | ₹9,689,726 (≈ $110,102) | ₹346,462 (≈ $3,944) |
Sentiment | Cautious; traders are watching macro data and ETF flows. | Neutral‑bearish; profit‑taking continues post‑rally. |
Commentary | Bitcoin held above the ₹9.6 million support despite mid‑week volatility. On‑chain data shows continued accumulation by long‑term holders, even as short‑term traders locked in profits. | Ethereum struggled to maintain the ₹350 k level as gas prices eased. Upcoming upgrades and ETH staking demand remain supportive, but the asset is sensitive to broader market moves. |
Top gainers (altcoins)
The altcoin market saw several projects notch impressive gains despite the overall risk‑off mood. Indian traders favoured smaller tokens connected to gaming and decentralised services. Here are the day’s top performers:
Altcoin | 24‑h change | Comment |
---|---|---|
Bella Protocol (BEL) | +56 % | Benefited from a surge in decentralised finance activity and new partnerships in Asia. BEL’s low market cap amplified moves as traders rotated into high‑beta DeFi tokens. |
SubQuery Network (SQT) | +47 % | A Web3 indexing project that rallied after announcing support for major Indian blockchain initiatives. Its strong developer traction drew speculative interest. |
Verasity (VRA) | +46 % | An e‑sports and video‑streaming token that spiked on rumours of a new gaming partnership. Volume was thin, which magnified price swings. |
tomi (TOMI) | +30 % | This privacy‑focused chain bounced sharply after an oversold slump. Short‑term traders may have covered bearish positions, leading to a short squeeze. |
KiloEx (KEX) | +26 % | A derivatives trading platform token that gained as volumes surged on its newly launched perpetual futures market. |
Top losers (altcoins)
Several smaller coins faced sharp declines as traders locked in profits. Thin liquidity and negative news contributed to the drops:
Altcoin | 24‑h change | Comment |
---|---|---|
MixMarvel (MIX) | −32 % | A gaming token that tumbled after a postponed product launch. Low trading volume exacerbated the drop. |
Trusta.ai (TRUSTA) | −22 % | Despite strong AI hype, the project’s token fell as insiders unlocked previously vested tokens, leading to selling pressure. |
Yield Guild Games (YGG) | −21 % | Profit‑taking hit the popular play‑to‑earn guild token. A lack of new game releases weighed on sentiment. |
BBQCoin (BBQ) | −20 % | This novelty meme coin continued its decline from last week’s pump. Without real utility, momentum quickly faded. |
Synthetix (SNX) | −19 % | The derivatives protocol dropped amid concerns about declining trading fees on its platform. Nonetheless, long‑term fundamentals remain intact. |
Top trending coins in India
Popularity can be a leading indicator of future momentum. According to data from Coingecko, the following tokens were among the most searched and viewed by Indian users on 16 October 2025:
- Crypto One (ONE) – A cross‑chain network token that surged in popularity thanks to a social‑media campaign and a recent layer‑0 integration.
- Origin LGNS (LGNS) – The governance token for Origin’s new lending protocol. Interest spiked after Origin teased an India‑focused lending product.
- Undeads Games (UDS) – A metaverse gaming token trending because of its NFT airdrop.
- Bitcoin (BTC) – Still India’s most watched asset; investors are closely monitoring ETF inflows and institutional adoption.
- ChainOpera AI (COAI) – An AI‑driven blockchain that drew attention following a partnership announcement with a local tech firm.
Key coins to watch
Beyond the top gainers and trending names, several large‑cap altcoins warrant attention. Solana (SOL) continued its recovery as network upgrades improved throughput and reduced fees. Ripple (XRP) traded cautiously while awaiting clarity on its ongoing legal challenges in the US. Tron (TRX) remained resilient thanks to its thriving stablecoin ecosystem, while Binance Coin (BNB) and Cardano (ADA) moved largely in step with broader market sentiment. Watching these coins can help gauge risk appetite beyond Bitcoin and Ethereum.
Crypto news and updates
- Macro shake‑up: A rapid unwinding of leveraged positions earlier this week triggered a flash crash, but markets have since stabilised. Analysts attribute the bounce to bargain hunters stepping in and to expectations of continued institutional demand.
- ETF flows: Newly launched spot Bitcoin ETFs in the US and Europe attracted significant inflows, helping cushion the sell‑off. However, redemptions from older products hint at a rotation rather than fresh capital.
- Regulation watch: India’s Finance Ministry reportedly continues to consult industry stakeholders on tax clarity and exchange licensing. Meanwhile, the Reserve Bank is expanding its digital rupee pilot into more retail and wholesale use cases.
- Technology upgrades: Ethereum developers are preparing for the next network upgrade focused on scalability, while several Layer‑2 solutions launched new features. Such developments could impact gas fees and transaction throughput.
Outlook for tomorrow
The near‑term outlook remains cautious. After the recent sell‑off, many traders will likely wait for clearer macro signals before taking large positions. Bitcoin faces resistance near the ₹10 million ($114 k) mark, while Ethereum must reclaim ₹370 k ($4,200) to regain bullish momentum. Volumes could stay moderate heading into the weekend as U.S. economic data and central bank speeches loom. In India, any news on the digital rupee or taxation rules may sway local sentiment. Overall, expect a day of range‑bound trading with a bias toward consolidation. Long‑term investors may view dips as opportunities to accumulate, but risk management is crucial in this environment.
Crypto Market News & Sentiment in India – 15 October 2025
Overview
The cryptocurrency market in India mirrored the cautious global mood today. Bitcoin hovered around ₹9.9 million (≈ $111.8k) with a modest decline over the past 24 hours, while Ethereum traded near ₹3.64 lakh (≈ $4.11k). Trading volumes remained heavy as traders digested news of the Monad (MON) airdrop and regulatory updates. Market sentiment slipped into “fear” territory with a fear & greed index reading of 34, reflecting investors’ unease. Top altcoins delivered mixed results – Yei Finance and Nockchain surged, while Enso and DORA sold off sharply. Below is a snapshot of today’s market movements and what to watch going into tomorrow.
Bitcoin & Ethereum Price Movement
Metric | Bitcoin (BTC) | Ethereum (ETH) |
---|---|---|
Price (approx. INR) | ₹9,913,941.95 | ~₹3,64,632 (calculated from $4,110.85 and an exchange rate of ₹88.7 per USD) |
Price (approx. USD) | ≈ $111,769 | ≈ $4,110 |
24‑h% change | –0.54% (prices drifted lower over the past day) | –0.27% as ETH eased slightly |
24‑h high | ₹10,057,318 (≈ $113,386) | ₹3,67,726 (≈ $4,145) |
24‑h low | ₹9,913,941 (≈ $111,769) | ₹3,60,132 (≈ $4,060) |
Sentiment | Cautious – traders reduced risk as macro uncertainties and profit‑taking weighed on BTC. | Cautious – ETH slipped but held key support; traders await clarity on regulations and ETFs. |
Commentary | Bitcoin remained range‑bound after slipping from recent highs; traders watched the U.S. Fed’s dovish signals and India’s regulatory developments. | Ethereum retreated modestly despite growing interest in staking and ETF filings; the forthcoming Monad airdrop kept some traders engaged. |
Key coins to watch – aside from BTC and ETH, altcoins such as MANTRA (OM), TAO (TAO) and Synthetix (SNX) drew attention in India.
Top Gainers (Altcoins)
Altcoin | 24‑h change | Comment |
---|---|---|
Yei Finance (CLO) | +339% | Dramatically rallied after news of the Monad airdrop and growing interest in on‑chain funding platforms. |
Nockchain (NOCK) | +99% | Spiked as traders rotated into AI‑driven chains; volumes were modest but sentiment was bullish. |
BNB Attestation Service (BAS) | +97.2% | Jumped on optimism over Binance’s attestation initiative and partnership announcements. |
Top Losers (Altcoins)
Altcoin | 24‑h change | Potential reason |
---|---|---|
Enso (ENSO) | –36% | Profit‑taking after prior gains and concerns about project fundamentals pushed ENSO lower. |
DORA (DORA) | –32.9% | Thin liquidity and lack of new catalysts triggered a sharp sell‑off. |
Portal to Bitcoin (PTB) | –25.2% | Fell as traders rotated away from niche cross‑chain projects amid risk aversion. |
Market Movements & Drivers
Local and global cues: Bitcoin slipped despite institutional interest; Ethereum also softened amid broader market caution. The MON airdrop went live, rewarding more than 225,000 eligible users and fuelling interest in the broader ecosystem. Meanwhile, the fear & greed index declined to 34 (Fear), suggesting risk aversion. Regulatory news had mixed effects: the U.S. Federal Reserve hinted at a potential rate cut, while Japan moved to ban insider trading in crypto. In India, Coinbase’s investment in CoinDCX signalled confidence in domestic exchanges.
Stablecoins and DeFi: Stablecoins held a market cap of roughly $305 billion with modest growth, while the DeFi sector’s market cap slipped 2.6%. These numbers reflect investors’ preference for stability in volatile markets.
Top trending coins: MANTRA (OM) traded at about $0.1309, down slightly with $218 million in volume. Yei Finance (CLO) continued its meteoric rise, gaining over 300%. Enso (ENSO) suffered a steep drop, while Zcash (ZEC) inched up by 1.9%. Synthetix (SNX) edged lower by 2.3%.
Outlook for Tomorrow
The crypto market’s cautious tone may persist into tomorrow as traders digest macroeconomic signals and regulatory developments. Bitcoin and Ethereum could remain range‑bound unless fresh catalysts emerge. With the fear & greed index entrenched in the “fear” zone, risk appetite may stay muted, though oversold conditions could spur short‑term rebounds. Altcoins will likely remain volatile; coins tied to airdrops and AI‑driven chains (like CLO and NOCK) may attract speculative flows, while profit‑taking could continue in heavily hyped tokens such as ENSO and DORA. Traders should monitor Federal Reserve commentary, ETF approval news, and any domestic policy announcements from India, which could influence market sentiment.
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Crypto Market News & Sentiment for India – 14 October 2025
On 14 October 2025 the cryptocurrency market continued to digest last week’s sharp sell‑off. Price action remained choppy as traders assessed macro‑economic headwinds, including fresh U.S.–China trade tensions and debate over crypto taxation in major economies. In India, market sentiment was mixed – Bitcoin barely budged and remained well above the ₹1 crore mark, while Ether rallied as investors positioned for upcoming network upgrades. Altcoins were a tale of two markets: a handful of mid‑cap tokens posted triple‑digit gains, but many lesser‑known projects fell sharply. Below is a detailed breakdown of the day’s movements.
Bitcoin & Ethereum price movement

Metric | Bitcoin (BTC) | Ethereum (ETH) |
---|---|---|
Price (approx. INR) | ₹ 1.02 crore | ₹ 3.77 lakh |
Price (approx. USD) | $ 115,222 | $ 4,246 |
24‑h % change | ≈ +0.03 % (flat) | ≈ +2.1 % (up) |
24‑h high | ₹ 1.03 crore (≈ $ 115,914) | ₹ 3.80 lakh (≈ $ 4,283) |
24‑h low | ₹ 1.00 crore (≈ $ 112,625) | ₹ 3.62 lakh (≈ $ 4,077) |
Sentiment | Neutral to cautious – investors watched whether Bitcoin could reclaim last week’s highs. | Mildly bullish – Ethereum benefited from network upgrade news and stronger buying interest. |
Commentary | Despite a turbulent week, BTC steadied near $115 k. Thin volumes and macro uncertainty kept traders on the sidelines. | ETH outperformed as traders rotated back into smart‑contract platforms ahead of the Fusaka testnet hard fork. |
Top gaining altcoins in India
Several mid‑cap tokens staged impressive rebounds. Data from the Mudrex spotlight list shows that Humanity Protocol led the pack with a triple‑digit surge, while gaming‑ and metaverse‑themed tokens also attracted interest. Here are the day’s stand‑out performers:
Altcoin | 24‑h change | Commentary |
---|---|---|
Humanity Protocol (HMT) | +151 % | Decentralised identity token rocketed on speculation of a major partnership. |
My Neighbor Alice (ALICE) | +79 % | Play‑to‑earn favourite bounced back as developers teased a new in‑game economy. |
Sidekick (SIDE) | +71 % | Social‑trading project rallied on the rollout of a referral programme. |
Inspect (INSP) | +39 % | NFT analytics platform extended gains amid growing NFT market volumes. |
ARPA Chain (ARPA) | +32 % | Privacy‑focused Layer‑2 solution rose on news of a cross‑chain bridge upgrade. |
The rally in these names indicates that traders continue to hunt for oversold opportunities despite broader market caution. Most of the gains were concentrated in tokens with specific catalysts, such as protocol upgrades or partnerships.
Top losing altcoins in India
While a few tokens enjoyed big rallies, many others continued to slide. Mudrex’s top‑losers list shows that privacy and payment coins were hit hardest. The following projects saw the steepest declines:
Altcoin | 24‑h change | Possible drivers |
---|---|---|
tomi (TOMI) | –41 % | Sell‑off deepened following network congestion and declining liquidity. |
Horizen (ZEN) | –23 % | Privacy‑coin faced regulatory uncertainty and profit‑taking. |
Zerebro (EBRO) | –21 % | Investors rotated out of lesser‑known DeFi tokens amid risk aversion. |
BBQCoin (BBQ) | –21 % | Meme‑coin enthusiasm faded rapidly after an initial pump. |
Dash (DASH) | –21 % | Payment‑focused coin fell as competition from newer projects intensified. |
These declines highlight the fragility of the altcoin market during periods of broader risk‑off sentiment. Traders should exercise caution and focus on projects with clear fundamentals.
Market movements, cues and coins to watch
Global cues – Last week’s market crash wiped out billions in value; fear and greed metrics remained in the fear zone. U.S.–China trade rhetoric and discussions of higher tariffs kept investors risk‑averse. In the UK, policymakers floated cutting the crypto capital‑gains tax to 10 % and even urged the Bank of England to hold Bitcoin, signalling a potentially more pro‑crypto stance. Major token unlocks – including FTN, CONX, ARB, SOL, TRUMP and WLD – collectively worth over $446 million are scheduled over the next week, which could add supply‑side pressure on these coins.
Local cues – Indian investors tracked global headlines but also watched domestic regulatory developments. The rupee traded around ₹ 88.8 per USD, meaning dollar‑denominated crypto prices translated into sizable rupee swings. Exchanges reported stable volumes but reduced leverage, hinting at cautious positioning. Meanwhile, community discussions focused on the Chiliz Chain hard fork scheduled for October 14 and Ethereum’s Fusaka testnet launch, which could stimulate interest in gaming and DeFi tokens.
Coins to watch – Besides Bitcoin and Ethereum, traders should monitor Solana (SOL), Polkadot (DOT), Hyperliquid (HYPE) and ChainOpera AI (COAI). These tokens were among the most searched cryptocurrencies in India, according to recent trending lists, and they each have upcoming catalysts such as network upgrades or protocol launches.
Crypto updates and tomorrow’s outlook
Across the board, the crypto market showed signs of stabilising after the previous week’s slump. Blue‑chip coins like Bitcoin and Ethereum held key support levels, while select altcoins delivered outsized gains thanks to project‑specific news. Nevertheless, macro‑economic uncertainty and scheduled token unlocks could keep volatility elevated.
Looking ahead to 15 October 2025, market participants will watch whether Bitcoin can reclaim the $118 k region and whether Ethereum can maintain momentum above $4,200. The release of U.S. macro data and any fresh geopolitical headlines could provide direction. In India, continued interest in emerging projects and regulatory clarity could attract more retail participation. Traders are advised to stay nimble, manage risk carefully, and focus on tokens with strong fundamentals or upcoming catalysts.
Crypto Market News & Sentiment Update – India – 13 October 2025
Today’s crypto market in India saw buoyant trading as the global market cap rose above $3.99 trillion, with 24‑hour trading volumes around $269 billion. Bitcoin and Ethereum, which together command roughly 70 % of market share, continued their upward march. Investor sentiment, however, remains cautious; the Crypto Fear & Greed Index sits in the ‘Fear’ zone at 38 after moving up from extreme fear the previous day. This suggests that traders are still risk‑averse despite the recent rally.
Market overview
The broader market gained after a weak start to the week. US macro cues – particularly expectations that the Federal Reserve will hold rates steady and a cooling in US inflation data – provided a tailwind. On the domestic front, Indian regulators reiterated their commitment to developing a framework for crypto taxation and KYC rules, while the Reserve Bank of India said its pilot digital‑rupee program is progressing well. The combination of positive global signals and clarity on domestic regulation lifted risk appetite.
Bitcoin reclaimed the ₹10 million mark per coin (roughly $115 k). Ethereum surged more than 8 % over the last 24 hours as traders rotated into smart‑contract platforms ahead of upcoming layer‑2 launches. Mid‑cap altcoins rallied sharply, with protocols linked to decentralized finance (DeFi), artificial intelligence and gaming posting the biggest gains. Conversely, a handful of meme and niche tokens came under pressure as traders booked profits.
Bitcoin & Ethereum price movement

Metric | Bitcoin (BTC) | Ethereum (ETH) |
---|---|---|
Price (approx. INR) | ₹10,195,425 | ₹367,851 |
Price (approx. USD) | $114,915 | $4,146 |
24‑h % change | ▲ 2.72 % (bullish momentum continues) | ▲ 8.44 % (strong rally as demand for smart‑contract platforms increases) |
24‑h high | ₹10,287,714 (≈ $115,955) | ₹374,251 (≈ $4,218) |
24‑h low | ₹9,869,404 (≈ $111,240) | ₹337,024 (≈ $3,799) |
Sentiment | Mildly bullish; recovery above ₹10 million reinforces confidence, though investors remain wary of macro headwinds. | Bullish; sharp upside reflects strong interest in Ethereum ahead of scalability upgrades and institutional adoption. |
Commentary | Bitcoin’s steady climb suggests accumulation by long‑term investors. The 24‑hour range shows strong support near ₹9.8 million. Continued US‑dollar weakness and ETF optimism could push BTC toward new monthly highs. | Ethereum outperformed Bitcoin as layer‑2 narratives gain traction. With gas fees steady and upcoming network upgrades, ETH may challenge the $4,200 resistance. Traders should watch for profit‑taking if sentiment shifts. |
Top altcoin gainers (24 h)
Altcoin | 24‑h price change | Commentary |
---|---|---|
Synthetix (SNX) | ▲ 93.11 % | SNX skyrocketed after the synthetic‑assets platform announced a major upgrade to its perpetual futures exchange. The surge reflects renewed interest in DeFi derivatives and positive earnings from protocol fees. |
Dash (DASH) | ▲ 35.46 % | The privacy‑focused payment coin rallied on rumours of a partnership with Latin‑American merchants. Short‑squeeze dynamics also fuelled the jump after weeks of range‑bound trading. |
Bittensor (TAO) | ▲ 33.64 % | TAO, an AI‑focused protocol, extended its rally as investors bet on decentralised machine‑learning networks. Strong community engagement and ecosystem grants helped lift sentiment. |
Mantle (MNT) | ▲ 25.25 % | Mantle’s layer‑2 solution gained as traders rotated into scalable Ethereum alternatives. Anticipation of upcoming mainnet milestones supported the move. |
World Liberty Financial (WLFI) | ▲ 19.99 % | WLFI, a lesser‑known financial protocol, posted double‑digit gains after its parent platform teased cross‑chain lending features. Liquidity remains thin, so volatility could remain elevated. |
Top altcoin losers (24 h)
Altcoin | 24‑h price change | Commentary |
---|---|---|
MemeCore (M) | ▼ 6.65 % | The meme‑token gave back gains after a speculative rally. With little fundamental backing, traders took profits, leading to a sharp pullback. |
Hyperliquid (HYPE) | ▼ 0.70 % | HYPE edged lower as enthusiasm around perpetual‑DEX tokens cooled. The decline was modest, indicating that selling pressure is still limited. |
Zcash (ZEC) | ▼ 0.50 % | The privacy coin slipped amid regulatory concerns and rotation into higher‑beta assets. Support remains near the ₹24,000 level (≈ $272). |
Key indices and statistics
- Global market cap: The total crypto market capitalization stands at roughly $3.99 trillion, up 4.1 % in the last 24 hours.
- 24‑hour volume: Trading activity reached $269 billion, signalling renewed participation by both retail and institutional players.
- Bitcoin dominance: 57.3 %, indicating that altcoins are slowly gaining market share.
- Ethereum dominance: 12.5 %, a slight uptick reflecting ETH’s outperformance.
- Crypto Fear & Greed Index: 38 (Fear) – sentiment improved from extreme fear but remains cautious.
- Gas fees: Ethereum network gas fees hovered around 0.11 Gwei, keeping transaction costs low and aiding DeFi usage.
Market movements & local cues
Indian crypto exchanges reported higher volumes, with Bitcoin–INR pairs trading above ₹10.1 million. Retail participation improved as festival season bonuses spurred new investments. Meanwhile, the Indian government reiterated that its consultative paper on digital assets taxation is expected by the end of the year. This announcement provided clarity for traders worried about stricter controls. The Reserve Bank of India’s ongoing central‑bank digital currency (CBDC) pilot also kept digital‑asset discussions in the spotlight.
Globally, traders were encouraged by signs that U.S. inflation is moderating, reducing the likelihood of aggressive rate hikes. The U.S. Securities and Exchange Commission continued to review spot‑Bitcoin ETF applications, with analysts expecting a decision later this quarter. Positive news on the ETF front could be a significant catalyst. In Europe, MiCA regulations entered a transitional phase, offering legal clarity for crypto businesses operating on the continent.
Key coins to watch
- Solana (SOL): With a 24‑hour gain of over 7 %, SOL remains a key layer‑1 to watch. The network’s upcoming Firedancer upgrade aims to improve throughput dramatically.
- BNB (BNB): The exchange token climbed nearly 14 % as Binance announced new launchpad projects. Regulatory developments involving Binance’s U.S. operations could introduce volatility.
- Sui (SUI) & Aster (ASTER): Both posted double‑digit gains and have strong developer interest. Watch for follow‑through buying as their ecosystems expand.
- Dogecoin (DOGE): The meme‑coin added roughly 10 %, buoyed by social‑media hype. Momentum could fade quickly; traders should exercise caution.
- Chainlink (LINK): Oracle tokens gained about 10 % as cross‑chain interoperability became a hot topic. Partnerships and staking incentives could keep LINK in focus.
Outlook for tomorrow
With sentiment still in the fear zone yet improving, the market may experience consolidation ahead of key macro events. If U.S. economic data remains soft and no major regulatory shocks emerge, Bitcoin could test resistance near ₹10.35 million (≈ $116 k), while Ethereum might challenge ₹380,000 (≈ $4,250). A break above those levels could trigger further upside, but traders should watch for profit‑taking given recent sharp gains in altcoins.
Locally, any government commentary on the classification of digital assets or tax rules could sway sentiment. Liquidity is likely to thin out towards the weekend, so price swings could amplify. Overall, a cautiously optimistic tone prevails, with a focus on quality projects and layer‑2 developments.
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