On 1 September, Bitcoin in India traded around ₹94.7 lakh, marking a 1.2% drop over the past 24 hours.
The intraday price swung between ₹94.70 lakh and ₹96.41 lakh, showing notable volatility.
This followed a gradual decline from recent highs near ₹98–99 lakh.
India-to-INR conversions suggest a steady downtrend, yet prices remain elevated.
Global BTC value hovered near $107,657, down about 1.5% in the past
day.
The movement underscores how global shocks are mirrored in INR terms.
Market watchers may interpret this as tactical consolidation after August’s highs.
Liquidity remains ample, but bearish sentiment is creeping into crypto setups.
Institutional investors continue to favor BTC for strategic value, despite vol
atility.
The short-term trend remains cautious, with focus on breakout or breakdown near current levels.