crypto currency
For the last one month, there has been a terrible decline in the global crypto market. The value of the entire market has fallen by approximately 3 trillion dollars since October. In rupee terms, the crypto market has suffered a loss of approximately Rs 100 lakh crore. The value of this market in October was around 4.28 trillion dollars. It has now come down to $2.95 trillion. There is a huge fall in all the coins of the crypto market. Especially there has been an earthquake in Bitcoin in the last one month.
Currently, Bitcoin’s share in the entire crypto market is around 58%, Ethereum’s share is 12% and all other cryptocurrencies together have only 30% left. But the price of Bitcoin has fallen badly in the last one month. It had reached its highest level of Rs 1.10 crore on 7 October 2025, but has now come down to only Rs 76 lakh. That is, in just one month there was a huge decline of Rs 34 lakh i.e. more than 30%. Along with Bitcoin, other big cryptocurrencies like Ethereum and Solana have also fallen. For example, Ethereum has fallen from Rs 4.15 lakh to just Rs 2.48 lakh.
Why did the decline occur?
There is uncertainty in the world economy and confusion regarding the interest rate policy of the US Federal Reserve, due to which people are withdrawing money from risky investments like crypto. Apart from this, many people buy Bitcoin by taking loans and as soon as the price falls a little, they do not have money left to meet the margin, the exchange automatically sells their holdings and this sequence continues one after the other, due to which the fall becomes more rapid. Owen Gunden, one of the oldest and biggest investors in Bitcoin, has sold 11,000 of his Bitcoins, worth about Rs 1.3 lakh crore, between October 21, 2025. The sale of such a big investor put further pressure on the market.
What is Bitcoin?
This is called digital gold. It is a currency which is not under the control of any bank or government, it is completely independent and decentralized. This is not a real coin or note, but a digital code which remains in the digital wallet of your mobile or computer. You can send it over the Internet to anyone, anywhere in the world, in seconds. In total, only 21 million Bitcoins will ever be created, so it is called the Internet’s own limited and free money.