Crypto Market Update India 2026: Bitcoin Plummets 2.38% to ₹59,37,672
· By DTC India Team
Crypto · Bitcoin · Ethereum · INR
Bitcoin price in India tumbled below the ₹60 lakh mark, falling by 2.38% to ₹59,37,672 in the Indian Rupee on 24 June 2026. The Indian crypto market saw a bloodbath, with Ethereum plummeting by 3.51% to ₹1,58,141 and Tether inching up by 0.42% to ₹94.99. The overall sentiment in the market remains bearish, with the Fear & Greed index at an extreme fear level of 23.
Key Takeaways
- Key takeaway 1: Bitcoin price falls 2.38% to ₹59,37,672 on 24 June 2026.
- Key takeaway 2: Ethereum declines 3.51% to ₹1,58,141 amidst extreme fear sentiment.
- Key takeaway 3: Tether gains 0.42% to ₹94.99 as investors seek stability.
Frequently Asked Questions
What is the current price of Bitcoin in Indian Rupees?
As of 24 June 2026, the price of Bitcoin is ₹59,37,672, with a decline of 2.38% in the last 24 hours.
What are the tax implications of buying and selling cryptocurrencies in India?
Investors in India are subject to a 30% tax on gains, plus a 1% TDS (Tax Deducted at Source) on every transaction.
What is the current sentiment in the cryptocurrency market?
The Fear & Greed Index indicates an "Extreme Fear" sentiment in the market, suggesting a potential buying opportunity for traders.
Fear & Greed Index: 23 — Extreme Fear
Top Coins Today (INR)
| Coin | Price (INR) | 24h Change |
|---|---|---|
| Bitcoin (BTC) | ₹59,37,672 | -2.38% |
| Ethereum (ETH) | ₹1,58,141 | -3.51% |
| Tether (USDT) | ₹94.99 | +0.42% |
| BNB (BNB) | ₹54,746 | -2.06% |
| USDC (USDC) | ₹95.09 | +0.44% |
| XRP (XRP) | ₹104.91 | -1.93% |
| Solana (SOL) | ₹6,567.23 | -4.62% |
| TRON (TRX) | ₹31.24 | -0.77% |
| Figure Heloc (FIGR_HELOC) | ₹98.23 | +0.43% |
| Hyperliquid (HYPE) | ₹5,907.31 | -6.93% |
Market Analysis
On 24 June 2026, the crypto market is experiencing a significant downturn, with top coins such as Bitcoin and Ethereum facing significant losses. Bitcoin dropped by 2.38% to ₹59,37,672, while Ethereum plummeted by 3.51% to ₹1,58,141. Meanwhile, Tether, a stablecoin, managed to remain relatively stable, appreciating by 0.42% to ₹94.99. The current extreme fear sentiment in the market could be attributed to the ongoing global economic uncertainty and regulatory pressures, including India's flat 30% crypto tax and 1% TDS, which may be deterring investors. Risk management is crucial in such volatile market conditions. It's essential to set stop-losses, diversify your portfolio, and maintain a long-term perspective to navigate the market's ups and downs.
Explore live prices and per-coin charts on our crypto page.
For information/education only. Not investment advice. Markets are risky — always manage your risk.