Bitcoin reflects small profits on national as well as international exchanges

Bitcoin reflected small profits on both national as well as international exchanges on Tuesday, April 1.

Bitcoin price on Tuesday displayed small gains across both national and international exchanges. On global exchanges, the most expensive cryptocurrency showed an increase of 2.03 percent over the last 24 hours. According to CoinMarketCap, Bitcoin is currently trading at $83,133 (roughly Rs. 71 lakh).

In India, the price of Bitcoin went up by two percent to reach the range of $85,992 (approximately Rs. 73.5 lakh) and $87,912 (roughly Rs. 75 lakh).

The cryptocurrency market experienced a prolonged period of volatility last month due to international tariff conflicts. According to market analysts, this volatility is likely to continue.

“Bitcoin is gaining momentum as we observe increasing institutional interest with institutions like Strategy dumping a large sum of $1.9 billion (roughly Rs. 16,239 crore) in BTC, specifically 50,000 BTC, marking its second largest purchase in 2025. This action signals renewed confidence in the asset despite the recent price movements. Furthermore, data by Santiment shows a massive withdrawal of 30,000 BTC from exchanges in a week, highlighting accumulation by long-term holders. This development could limit selling pressure and support the trend reversal. As such, the stage is set for Bitcoin to potentially rise further from here,” Edul Patel, co-founder and CEO of Mudrex told Gadgets 360.

Discussing the price of Ether, it went up by 1.82 percent over the last day to trade at $1,837 (roughly Rs. 1.57 lakh) on international exchanges. In the Indian market, ETH showed a minor gain of less than two percent to reach the pricing of $1,855 (roughly Rs. 1.58 lakh).

“We can expect to see some resistance for Ethereum around the price level of $1,850 (roughly Rs. 1.58 lakh). A break above this level could signal that we might be seeing some recovery in the market. However, we can still expect some volatility with upcoming macro events such as US employment data, Jerome Powell's speech, and inflation reports, which might influence the price trends in the short term,” said Riya Sehgal, Research Analyst, Delta Exchange.

The crypto price tracker by Gadgets 360 showed that majority of the top 100 altcoins were trading in the green on Tuesday.

These include Ripple, Binance Coin, Solana, Cardano, and Dogecoin.

Tron, Chainlink, Avalanche, Litecoin, Polkadot, Bitcoin Cash, Monero, and Uniswap also managed to register small gains on Tuesday.

The overall valuation of the crypto sector surged by 1.37 percent over the last 24 hours, showed CoinMarketCap. At present, the total crypto market cap stands at $2.68 trillion (roughly Rs. 2,29,11,407 crore). Bitcoin's dominance on the market currently stands at 64 percent.

Several altcoins did reflect small but notable losses on Tuesday. These include Tether, Binance Coin, Stellar, and Litecoin alongside Near Protocol and Cronos.

Commenting on the market sentiment, Pi42 CEO Avinash Shekhar said, “Macro trends in the market indicate Bitcoin staying firm at the $82,000 (roughly Rs. 70 lakh) level. While ADA, TON, and TRX are likely to rise, USDT, SOL, and USDC are may see losses.” Shekhar further noted that altcoins are performing erratically — struggling to find a point of balance. He added that “the market volatility remains high, and short-term changes might persist as the traders react to macroeconomic changes and shifts in liquidity.”