💡 Summary:
With Bitcoin climbing above ₹100 lakh (~$120,000 USD), Indian retail and high-net-worth investors are jumping into the market. The article explores the reasons behind the surge in interest from India.
🔍 Key Insights:
- Global Sentiment Ripple Effect
- The bullish wave in the U.S., driven by regulatory breakthroughs and ETF demand, is influencing Indian investors to follow suit.
- News around Trump’s “Bitcoin Reserve” strategy and U.S. Congress’s pro-crypto bills is causing a global spillover.
- Retail Trading Spike in India
- Platforms like CoinDCX, CoinSwitch, WazirX, and Mudrex are reporting a 30–45% increase in daily active users.
- Many younger investors are diversifying from gold and equities into Bitcoin as a long-term hedge.
- Regulatory Thaw in India?
- Analysts suggest that India’s government may adopt a more progressive tax and compliance framework following global trends.
- The 15% crypto gains tax remains, but traders are adapting via compliance tools and algorithmic tax planning.
- Inflation Hedge for the Wealthy
- Family offices and business owners in India’s tier-1 cities are shifting ₹10–30 crore portfolios into Bitcoin and Ethereum.
- A growing belief: Bitcoin is “digital gold 2.0” in an inflation-prone environment.
- Youth and Tech Demographic
- With over 700 million smartphone users, crypto-native apps are booming.
- Social influencers and fintech startups are driving educational content around Bitcoin’s scarcity and long-term value.
