Crypto

Choppy trading in the past 48-hours underscores a sharp rise in volatility.

Sensex fell over 300 points and the Nifty traded below 25,550 after the RBI Monetary Policy Committee kept the benchmark repo rates unchanged at 5.25%. The NSE Nifty Private Bank Index was the top sectoral gainer, while the NSE Nifty PSU Banks index was the top sectoral loser as rate cut cycle goes on hold.

The slide has echoes of the one in 2022, when prices retreated sharply from the surge seen during the easy-money era of the pandemic as the Federal Reserve tightened monetary policy.

The slide has echoes of the one in 2022, when prices retreated sharply from the surge seen during the easy-money era of the pandemic as the Federal Reserve tightened monetary policy.

The latest drop comes as digital assets lose their grip on nearly every narrative that once underpinned demand. Bitcoin is no longer acting as a hedge, failing to rise alongside gold during periods of geopolitical stress.

The Nifty 50 ended 133 points or 0.5% lower at 25.642 and the BSE Sensex tanked 506 points or 0.6% at 83,311. The boarder market showed mixed performance.

Bitcoin fell as low as $71,540 in Asia trading Thursday. Thats the weakest level since Nov. 6, 2024, the day after Donald Trump was re-elected US president. It had dipped to $71,739 late Wednesday in New York.

The cryptocurrency was down 13% so far in 2026 and has fallen 39% from its high of over $126,000 on Oct. 6. Bitcoin had fallen about 40% from its record high in October.

Indian equity benchmarks were subdued. The BSE Sensex and the NSE Nifty were trading little changed.

The BSE Sensex rose 2,319 points. It had risen as much as 4,200 points to 85,871.The NSE Nifty 50 rose 2.8% to 25,783.95 after rising as much as 5% intraday.

Schiff comments came after the precious metal recovered on Tuesday following a sharp retreat over the past two sessions.

Further losses, he said, could rapidly strain the balance sheets of major holders, force selling across the crypto ecosystem and trigger widespread value destruction.

The crypto derivatives market is pointing to further slump with no significant positive catalysts in sight.

Indian markets continued their broadbased rally on Tuesday as investors welcomed the IndiaUS trade deal, which reduced reciprocal tariffs and removed a longstanding overhang on equities.

The GIFT Nifty—an early indicator of Nifty 50's performance—traded at 25,919.50 as of 6:30 am, suggesting a gap-up open after India and the United States agreed to a trade deal that cuts reciprocal tariffs on Indian imports to 18%.

Bitcoin fell as much as 2.5% to $74,541, just shy of its lowest level seen since Donald Trump retook the White House a little more than a year ago.

What began as a sharp crash in October has morphed into something more corrosive: a selloff shaped not by panic, but by absence of buyers, momentum and belief.

Cryptocurrencies are mirroring a tech selloff that has dragged down stocks amid no signs of easing up on artificial-intelligence spending even as doubts persist about the staying power of demand to justify all that capital.

“Why sell silver, when I use debt to buy investment real estate for positive cash flow,” Kiyosaki said.

Bitcoin dropped as much as 3.5% Sunday to a 2026 low of just above $86,000 before climbing to $87,733 Monday morning in Singapore.