Bitcoin Price in India | Current and Historical Bitcoin Prices |
Bitcoin Price in India: Current and Historical Data
Bitcoin Price Today in India
Find the latest Bitcoin price in Indian Rupees (INR) and USD below.
Bitcoin Price in INR | Bitcoin Price in USD |
---|---|
₹₹35,00,000 | $30,000 |
Historical Bitcoin Prices in India
Here are the Bitcoin prices from 2009 to 2021 in Indian Rupees (INR).
Year | Bitcoin Price in INR |
---|---|
2009 | ₹0.20 |
2010 | ₹10 |
2011 | ₹3,000 |
2012 | ₹15,000 |
2013 | ₹25,000 |
2014 | ₹35,000 |
2015 | ₹45,000 |
2016 | ₹55,000 |
2017 | ₹80,000 |
2018 | ₹6,00,000 |
2019 | ₹7,50,000 |
2020 | ₹10,00,000 |
2021 | ₹40,00,000 |
2022 | ₹1,372,114 |
2023 | ₹2,404,939 |
2024 | ₹5,824,402 |
Bitcoin (BTC) has experienced significant price fluctuations over the
past few years. Here’s an overview of its price trends in Indian Rupees
(INR) for 2022, 2023, and 2024:
Bitcoin Price in India (INR):
Year | Average Price (INR) | Highest Price (INR) | Lowest Price (INR) |
---|---|---|---|
2022 | ₹1,372,114 | ₹1,693,793 | ₹1,372,114 |
2023 | ₹2,404,939 | ₹3,508,283 | ₹1,913,299 |
2024 | ₹5,824,402 | ₹7,584,075 | ₹3,523,352 |
In 2024, Bitcoin (BTC) experienced notable price fluctuations in Indian
Rupees (INR). Below is a month-by-month overview of Bitcoin’s average
closing prices in INR:
Month | Average Closing Price (INR) |
---|---|
January | ₹3,548,550.53 |
February | ₹5,057,717.60 |
March | ₹5,824,402.42 |
April | ₹5,053,071.40 |
May | ₹5,624,284.75 |
June | ₹5,026,677.96 |
July | ₹5,384,937.50 |
August | ₹4,968,023.09 |
September | ₹5,321,806.72 |
October | ₹5,900,435.77 |
November | ₹7,517,075.26 |
Note: These figures are approximate and based on available data.
Key Observations:
- January to March: Bitcoin’s price saw a steady
increase, rising from ₹3,548,550.53 in January to ₹5,824,402.42 in
March. - April to June: The price experienced a decline,
reaching ₹5,026,677.96 in June. - July to September: A recovery phase occurred, with
the price climbing to ₹5,321,806.72 in September. - October to November: A significant surge was
observed, peaking at ₹7,517,075.26 in November.
Factors Influencing Price Changes:
- Market Demand and Supply: Increased adoption and
demand can drive prices up. - Regulatory Developments: Government policies and
regulations significantly impact Bitcoin’s price. - Global Economic Conditions: Economic uncertainties
can lead investors to consider Bitcoin as a hedge.
Investment Considerations:
While Bitcoin has shown substantial growth, it’s essential to approach
investments with caution due to its volatility. Conduct thorough research
and consider consulting financial advisors before making investment
decisions.
Disclaimer: Cryptocurrency investments carry inherent risks. Past
performance is not indicative of future results. Always invest responsibly.
Note: Prices are approximate and based on available data.
Key Observations:
- 2022: Bitcoin’s price in India remained relatively
stable, averaging around ₹1,372,114. - 2023: The price saw a significant increase,
reaching a high of ₹3,508,283. The average price stood at ₹2,404,939. - 2024: Bitcoin continued its upward trend, with the
highest recorded price at ₹7,584,075 and an average price of ₹5,824,402.
Historical Context:
In 2009, Bitcoin’s price was negligible, and it gained traction over the
years. By 2010, it was valued at approximately ₹10. The price surged in
2017, reaching around ₹80,000. In 2021, it peaked at ₹40,00,000.
Factors Influencing Price Changes:
- Market Demand and Supply: Increased adoption and
demand can drive prices up. - Regulatory Developments: Government policies and
regulations significantly impact Bitcoin’s price. - Global Economic Conditions: Economic uncertainties
can lead investors to consider Bitcoin as a hedge.
Investment Considerations:
While Bitcoin has shown substantial growth, it’s essential to approach
investments with caution due to its volatility. Conduct thorough research
and consider consulting financial advisors before making investment
decisions.
Disclaimer: Cryptocurrency investments carry inherent risks. Past
performance is not indicative of future results. Always invest responsibly.
Bitcoin Price in India – Highest Recorded Price
The highest Bitcoin price in India ever recorded was ₹50,00,000.
As of November 14, 2024, Bitcoin reached its highest recorded price in
India, peaking at approximately ₹7,584,075 per BTC.
Bitcoin Price Overview:
- 2022: Bitcoin in India averaged ₹1,372,114.
- 2023: The price rose significantly, reaching a high
of ₹3,508,283 and averaging ₹2,404,939. - 2024: Bitcoin saw continuous growth, with its
highest price recorded at ₹7,584,075, and an average of ₹5,824,402.
Influencing Factors:
- Market Demand & Supply: Increased adoption and
demand tend to drive prices higher. - Regulatory Influence: Government policies and
regulations impact Bitcoin’s price. - Global Economic Factors: Economic uncertainty often
leads to increased Bitcoin demand as a hedge.
Investment Caution:
While Bitcoin has shown impressive growth, its volatility means that
investors should be cautious. Thorough research and professional advice are
recommended before investing.
Disclaimer: Cryptocurrency investments carry inherent risks. Past
performance is not indicative of future results. Always invest responsibly.
Price of 100 Bitcoins in India
As of the latest price of ₹35,00,000 per Bitcoin, the cost of 100 Bitcoins in India would be:
As of November 14, 2024, the price of 1 Bitcoin (BTC) in India is
approximately ₹7,584,075.
Therefore, 100 Bitcoins would be valued at:
100 BTC × ₹7,584,075/BTC = ₹758,407,500
Key Considerations:
- Market Volatility: Bitcoin prices are highly
volatile and can change rapidly. - Investment Risks: Investing in cryptocurrencies
carries inherent risks. - Regulatory Environment: Ensure compliance with
local regulations before investing.
Disclaimer: Cryptocurrency investments carry inherent risks. Past
performance is not indicative of future results. Always invest responsibly.
₹35,00,00,000
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