1 week ago

Bitcoin Rally Adds Rs 16 Lakh in One Week

Bitcoin Rally Adds Rs 16 Lakh in One Week
Bitcoin price today: Rs 16 lakh gain just in a week! What led to a sharp rally in crypto market? · businesstoday.in

Bitcoin rose sharply over the past week, gaining about Rs 16 lakh.

This happened as investors became more hopeful about the crypto market.

Changes involving long-term US Treasury bond buybacks may affect money flows and interest-rate expectations.

Many investors who had bet against Bitcoin were forced to close their positions, adding to the buying pressure.

More than $3 billion in short positions were liquidated in one day.

Spot Bitcoin exchange-traded funds also received their largest daily inflow since May.

Other cryptocurrencies, including Ethereum and XRP, rose as well.

Experts said the rally is important but may not continue at the same speed.

They advised investors to manage risk because prices could pause or fall after such a rapid rise.

Key facts

Bitcoin weekly move
About Rs 16 lakh gained in one week; described as Bitcoin’s best weekly move in more than two years.
Bitcoin market capitalisation
Close to $1.6 trillion.
Distance from record high
Still about 37% below its nearly $126,000 all-time high reached in late October 2025.
Short liquidations
More than $3 billion in short positions were liquidated in one day.
Total crypto market capitalisation
$2.61 trillion, up nearly 8% in 24 hours.
Total crypto trading volume
More than $154 billion in tokens traded over 24 hours.
Bitcoin dominance
Above 60% of the overall crypto market.

Quotes

Avinash Shekhar

Co-Founder and CEO of Pi42

“Sustained institutional participation, regulatory clarity, macroeconomic liquidity and continued adoption will be important factors in determining whether Bitcoin can build on these gains. The current move is significant, but investors should focus on the broader market fundamentals rather than treating a short-term rally as a guarantee of further price appreciation.”
businesstoday.in
“Staggered entries and disciplined position sizing would be preferable, particularly after such a rapid upward move, as some consolidation following the breakout would be natural.”
businesstoday.in

Sources

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