Bitcoin is a global commodity, but it is perceived differently in different markets. In India, discussions about Bitcoin are no longer framed solely in dollar terms. With the rupee depreciating, more people are starting to watch Bitcoin in their own currency. This is important because it alters the significance of price movements. Bitcoin’s performance may be impressive in US dollars, but in India, it can look even more spectacular given the rupee’s depreciation.

Such interest is part of a shift in how Indians view crypto. Rather than just looking at global news or overseas prices, many now view Bitcoin in terms of local liquidity, currency depreciation, and economic volatility. This is why Bitcoin Inr is one of the most widely…