In India, the crypto coin price is influenced by various global market trends. Bitcoin's price in India can fluctuate significantly due to global demand and supply.
The Indian rupee's exchange rate with the US dollar also affects the crypto coin price in India. A stronger rupee can lead to a higher price for Bitcoin in Indian rupees.
The global market trend of increasing adoption of cryptocurrencies is driving up their prices. This trend is expected to continue in the future.
In India, the lack of clear regulations has led to a surge in cryptocurrency trading, with many Indians investing in cryptocurrencies such as Bitcoin and Ethereum.
Bitcoin Price
Bitcoin Price in India is currently fluctuating across different exchanges. On Coinbase, the price is ₹ 82,82,331, while on CoinMarketCap, it's ₹ 82,86,908.
The price change over the past 24 hours is around 1.24% on Coinbase and 1.22% on CoinMarketCap.
Here's a comparison of the Bitcoin price across different exchanges:
The historical data shows that on 02-Jan-2025, the Bitcoin price opened at ₹ 80,48,005 and closed at ₹ 82,68,343.
Bitcoin Price Today
The current price of Bitcoin in India is ₹82,92,776 as of the last update.
You can check the live Bitcoin price on various exchanges such as Coinbase, CoinMarketCap, BuyUcoin, and more.
The 24-hour change in Bitcoin price is +1.37%, with a significant increase in value.
Here's a snapshot of the current Bitcoin prices across different exchanges:
Keep in mind that prices may vary slightly across different exchanges.
Bitcoin Price History
Bitcoin's price has seen significant fluctuations over time. The highest price recorded in this data set is ₹ 84,37,497 on December 24, 2024.
On December 24, 2024, Bitcoin's price skyrocketed by 6.49% from ₹ 79,23,215. This significant increase is one of the most notable price jumps in this data set.
The lowest price recorded in this data set is ₹ 78,24,606 on December 30, 2024. This price drop of 1.19% from ₹ 80,98,724 on December 29, 2024, is also worth noting.
The highest volume traded in a single day was ₹ 10.2T on December 20, 2024. This massive trading volume is a testament to the growing interest in Bitcoin.
Here's a breakdown of the daily price changes:
The data suggests that Bitcoin's price is highly volatile, with significant price jumps and drops occurring within a short period.
Cryptocurrency Market
The cryptocurrency market in India is a rapidly evolving space, with prices fluctuating constantly.
Bitcoin, the most widely traded cryptocurrency, has seen significant price movements in India.
In 2022, Bitcoin's price surged to an all-time high of ₹48.4 lakhs (approximately $65,000 USD) per coin.
However, the price of Bitcoin plummeted to ₹21.6 lakhs (approximately $28,000 USD) in May 2022 due to global market volatility.
Cryptocurrency exchanges in India, such as CoinSwitch Kuber, WazirX, and Zebpay, have reported a significant increase in trading volumes and user base.
According to a report by CoinSwitch Kuber, the average user in India invests around ₹50,000 (approximately $650 USD) in cryptocurrency.
The Indian government has also taken steps to regulate the cryptocurrency market, with the Reserve Bank of India (RBI) issuing guidelines for cryptocurrency trading.
These guidelines aim to prevent money laundering and ensure that cryptocurrency transactions are done through regulated exchanges.
Indian Crypto Scene
The Indian crypto scene is growing rapidly, with a large and active community of investors and traders.
In 2020, India's crypto market was valued at over $6 billion, with a significant increase in trading volumes and user base.
The government's ambiguous stance on crypto has led to confusion among investors, with some viewing it as a threat to the traditional financial system.
However, the Indian government has also taken steps to regulate the crypto market, introducing a bill to ban private cryptocurrencies in 2019.
The Reserve Bank of India (RBI) has also issued guidelines for banks to deal with crypto-related transactions, requiring them to report any suspicious activity.
Despite the regulatory uncertainty, many Indian citizens are still investing in cryptocurrencies, with a significant portion of the population viewing it as a viable investment option.
India's crypto market is also seeing a surge in the adoption of decentralized finance (DeFi) platforms, with many users taking advantage of low-interest rates and high-yield investments.
The Indian government's plans to launch its own digital currency, the Digital Rupee, may also have an impact on the crypto market, as it could potentially disrupt the existing player's market share.
Price Information
To get the best cryptocurrency prices in India, you can check the prices on popular exchanges like Coinbase, CoinMarketCap, BuyUcoin, and UNOCOIN.
You can find the current prices of various cryptocurrencies on these exchanges, including Bitcoin, Ethereum, and others. For example, the current price of Bitcoin on Coinbase is ₹82,82,331 with a 24-hour change of 1.24% and a 24-hour trading volume of ₹3.6T.
To check the prices of multiple cryptocurrencies at once, you can use a website like CoinSwitch or CoinDCX. These websites provide a list of popular cryptocurrencies, including their current prices and 24-hour changes.
One of the oldest cryptocurrency exchanges in India, BuyUcoin, provides prices for over 150+ cryptocurrencies, including Bitcoin, Ethereum, and others. You can visit their website to explore the curated cryptocurrency list and buy/sell/trade at the best prices.
Here's a list of some of the popular cryptocurrencies and their current prices in India:
Frequently Asked Questions
What is the price of 1 cryptocurrency in India?
As of our last update, the price of 1 Bitcoin (BTC) in India is approximately ₹8,076,011.46. For the most current and accurate exchange rates, please refer to our latest updates or a reliable cryptocurrency exchange website.
Can I buy crypto in India?
Yes, buying crypto in India is legal, but it's essential to purchase from government-registered exchanges to ensure a secure and compliant investment experience.
Sources
- https://www.gadgets360.com/finance/bitcoin-price-in-india-today-inr
- https://economictimes.indiatimes.com/markets/cryptocurrency
- https://www.buyucoin.com/cryptocurrency
- https://www.aajtak.in/interactive/cryptocurrency-price-in-india-bitcoin-ethereum-dogecoin-ripple-litecoin/
- https://coinswitch.co/price/ethereum-price-in-india
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