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Cryptocurrency

Cryptocurrencies are digital assets that use cryptography and blockchains to record ownership without a central authority. Bitcoin is the largest. Prices are driven largely by speculation and swing far more than traditional assets.

Why It Matters

In India, crypto gains are taxed at a flat 30% with 1% TDS on transfers, and losses cannot be set off against other income.

In India

Bitcoin traded above $110,000 in late 2025 and around $80,000 by October 2026.