India’s Bitcoin Boost: Is the Crypto Giant Awakening a $100K Surge?
India’s crypto boom fuels Bitcoin’s rise! With Unocoin’s Lightning Network and Jetking’s BTC reserves, is $100K next?
India is emerging as a crypto powerhouse, with recent moves signaling a Bitcoin (BTC) renaissance that could push prices toward $100,000. On April 30, 2025, Bitcoin hovered around $95,000, up 8% weekly, driven partly by India’s growing adoption. For new investors, here’s why India’s influence matters.
What’s Driving the Surge?
Unocoin, India’s longest-standing crypto exchange, integrated the Lightning Network on April 10, enabling fast, low-cost BTC transactions and Tether transfers. This upgrade, powered by Voltage, enhances user experience in a country with over 1 billion digital users. Meanwhile, Jetking, an Indian IT firm, adopted a “Bitcoin-only” treasury policy, holding 14.77 BTC ($1.2 million) as of December 2024. Its stock surged 20% post-announcement, reflecting corporate confidence. Binance’s survey also noted 28% of South Asians, including Indians, entered crypto recently, showing rapid market maturation.
Unocoin, India’s longest-standing crypto exchange, integrated the Lightning Network on April 10, enabling fast, low-cost BTC transactions and Tether transfers. This upgrade, powered by Voltage, enhances user experience in a country with over 1 billion digital users. Meanwhile, Jetking, an Indian IT firm, adopted a “Bitcoin-only” treasury policy, holding 14.77 BTC ($1.2 million) as of December 2024. Its stock surged 20% post-announcement, reflecting corporate confidence. Binance’s survey also noted 28% of South Asians, including Indians, entered crypto recently, showing rapid market maturation.
Why It Matters
India’s 1.4 billion population offers massive crypto potential, despite regulatory hurdles like a 30% tax on crypto gains. Rising adoption could drive BTC demand, especially as global ETF inflows hit $2.9 billion in April. However, India-Pakistan tensions and U.S. tariff policies add market volatility, with Bitcoin dipping to $74,000 earlier this month. Analysts see $95,636 as a key resistance; breaking it could spark a rally to $106,000.
India’s 1.4 billion population offers massive crypto potential, despite regulatory hurdles like a 30% tax on crypto gains. Rising adoption could drive BTC demand, especially as global ETF inflows hit $2.9 billion in April. However, India-Pakistan tensions and U.S. tariff policies add market volatility, with Bitcoin dipping to $74,000 earlier this month. Analysts see $95,636 as a key resistance; breaking it could spark a rally to $106,000.
What’s Next?
India’s crypto momentum, fueled by exchanges and corporate buys, may bolster Bitcoin’s global rally. Yet, regulatory risks and global uncertainties loom. New investors should start small, use secure platforms like Unocoin, and diversify to manage risks.
India’s crypto momentum, fueled by exchanges and corporate buys, may bolster Bitcoin’s global rally. Yet, regulatory risks and global uncertainties loom. New investors should start small, use secure platforms like Unocoin, and diversify to manage risks.
What’s your take on India’s Bitcoin boom? Comment below and stay tuned for more crypto updates!
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
