Srinagar, May 16 -- Bitcoin (BTC) climbed past the $104,000 (approx. Rs.89.09 lakh) mark on Friday, recording a 1.30% increase on international exchanges despite broader crypto market instability. According to CoinMarketCap, BTC was trading at $104,010 globally, while on Indian exchanges, it rose nearly 2% to hit $104,770 (approx. Rs.89.7 lakh). Amid this steady rally, financial giant JPMorgan has forecast that Bitcoin could outperform gold in the second half of 2025.
"Bitcoin continues to stay above the key $100K psychological mark for the seventh straight day, fluctuating between $101,700 (Rs.87.1 lakh) support and $104,800 (Rs.89.7 lakh) resistance levels. Meanwhile, BTC ETFs saw outflows worth $295 million (Rs.2,527 crore)," said Edu...
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