The Indian Rupee strengthened significantly on Wednesday, closing at 88.0750 against the US Dollar. This sharp appreciation followed substantial dollar sales by the Reserve Bank of India. Market observers believe this intervention aimed to curb speculative long-dollar positions. The Rupee had previously traded within a narrower range for three weeks.
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