Bitcoin Hits Record ₹73 Lakh as Stock Market and Gold Prices Plunge

Amid geopolitical tensions between the US and Iran, global stock markets and gold prices are facing significant pressure. In contrast, Bitcoin has surged past the ₹73 lakh mark, with the global crypto market cap reaching ₹244 lakh crore.

The ongoing geopolitical tension between Iran and the United States has created an atmosphere of uncertainty across global financial markets. Even Donald Trump's announcement of a ceasefire has not fully reassured investors. Both the stock market and gold are currently struggling under heavy pressure. However, amidst this market gloom, there is one corner where investors are seeing a windfall: the cryptocurrency market. While the equity market is dominated by red marks daily, major digital currencies, including Bitcoin, are setting new records in the green.

Stock Market vs. Digital Currency Performance

Looking at the latest stock market data, the situation appears quite concerning. 5% gain. The Sensex reflects a similar trend, where only 10 out of 30 stocks are trading in profit. These select shares have seen a maximum rise of 4%, while declining stocks have caused losses of up to 11% for investors. In stark contrast, the world's top 10 cryptocurrencies by market cap have witnessed an impressive surge of up to 6% over the last week.

Bitcoin's Dominance and New Heights

It's impossible to discuss the crypto market without mentioning Bitcoin. Amidst current global instability, the world's largest digital coin by market cap is further strengthening its dominance. 18 lakh). 92 lakh crore).

Status of Top 10 Cryptocurrencies

A look at the world's top 10 cryptocurrencies reveals a long list of gainers. Over the last 7 days, only one crypto among the top 10 has seen a decline. In the last 24 hours of trading, only two of these top 10 are in the red. 03%, while Hyperliquid fell by less than 1%. 34% over the past week. 24%. Coins like Tron and BNB also continue to maintain their strength.

Over ₹13 Lakh Crore in Transactions

This market rally isn't limited to prices alone but is also clearly visible in transaction volumes. 56 lakh crore) was traded in the crypto market in the last 24 hours. 24% higher than the previous day. 72%.

[DISCLAIMER_START] This report is for informational purposes only and shouldn't be taken as investment advice. Investing in cryptocurrencies and stock markets is subject to market risks.