The Indian rupee weakened to a historic low of 87.35 against the U.S. dollar, influenced by expectations of an impending rate cut by the Reserve Bank of India and strong dollar demand from importers. Despite a softer dollar aiding other Asian currencies, India’s persistent foreign portfolio outflows added further pressure, resulting in nearly 0.3% depreciation on the day.
Bitcoin hovers near $80,000 and Ethereum at $2,370 as macro uncertainty and weak institutional flows weigh on crypto markets
In recent developments, Bitcoin has dropped to roughly $80,685, while Ethereum hovers around $2,370 due to various market influences. Major altcoins such as XRP and
October 24, 2026