CoinSwitch's 2025 report shows non-metro regions now account for over three-quarters of India's crypto activity, led by Uttar Pradesh and strong participation from Tier-2 and smaller cities
Uttar Pradesh led all states, contributing 13 per cent of the total invested value nationwide. Investors in the state displayed a diversified approach in 2025
In the near term, holding $88,000 could allow a relief bounce, while a break lower, analysts believe, may open downside toward $86,000-$87,000
CoinSwitch co-founder says tier-2 and tier-3 cities drive 76 per cent of activity as women investors reach 12 per cent of user base
India's Crypto Use Accelerates Despite Regulatory Uncertainty: Bybit Report
As a utility-driven innovator, the country is witnessing rapid growth in its developer ecosystem alongside millions of users turning to digital assets for savings, remittances, and investments
While equities briefly rallied, the momentum failed to carry over to digital assets
If Bitcoin remains range-bound post-FOMC, rotational flows, analysts believe, may continue to support altcoins at the margins
The positive sentiment spilled over into the altcoin space, with Solana (SOL), Render (RENDER), XRP (XRP), Cardano (ADA), Pepe (PEPE) and Sui (SUI) staging steady recoveries on the charts
Binance's APAC head says India is the fastest-growing digital asset market globally despite regulatory uncertainty, with explosive potential driven by mobile penetration and savvy users
Analysts remain cautiously optimistic but note that liquidity conditions and global macro developments will shape the near-term trajectory
Bitcoin shed more than $18,000 in November, as a record amount of money rushed out of the market, making this its largest dollar loss since May 2021, when a number of cryptocurrencies collapsed
CoinDCX has disclosed that a breach at its analytics vendor Mixpanel exposed some user data, though customer funds and platform systems were not affected
Large-cap tokens have led the modest recovery, even as mid-cap and smaller altcoins continue to lag following a phase of heavy deleveraging
Crypto Market Crash: Analysts say the pullback reflects a consolidation phase rather than market capitulation, as participants digest recent selling pressure and await clearer macroeconomic signals
The development, analysts said, suggests investors are temporarily favouring policy-linked assets, with risk appetite split between safe-haven and cyclical exposures
Market weakness deepens as BTC struggles to reclaim key levels and Ethereum tests support zones, with analysts warning of further downside risks
The overall market sentiment remains dominated by fear, with the CoinMarketCap Crypto Fear and Greed Index registering at 27, firmly in the "fear" zone
Experts at the BFSI Summit urged swift digital asset regulation and an INR-backed stablecoin to stop India's crypto talent and innovation from moving overseas
BS BFSI Summit Day 2: Crypto industry experts highlighted the urgent need for investor education and regulatory clarity in India's crypto ecosystem.