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The crypto market is breathing a sigh of relief today. After a "Leonardo DiCaprio-in-The-Revenant-style" weekend that saw Bitcoin plunge to the $74,000 range, the bulls have successfully defended the floor. As of this morning, a wave of $562 million in fresh Spot Bitcoin ETF inflows has officially ended the multi-day selling streak.
1. The "Stabilization" Signal: Inflows Return
The most critical headline today is the reversal in ETF sentiment.
The Data: After seeing nearly $1.6 Billion in monthly outflows (the third-worst on record), U.S. Spot ETFs finally flipped back to green with a $562M daily inflow.The "Warsh" Calm: While the nomination of Kevin Warsh initially caused panic, Bitwise CIO Matt Hougan noted that the market is likely "nearer the end of the downturn than the start." Institutional players are treating the $75k–$78k zone as a major re-accumulation area.
2. India’s "Bargain Hunting" Surge
Closer to home, the reaction to the crash has been surprisingly bullish.
The Volume: Top Indian exchanges like CoinSwitch, Mudrex, and CoinDCX are reporting a 30% to 90% surge in buying activity today.The Strategy: Instead of rushing for the exits, Indian investors are "buying the dip," focusing on stable majors like $BTC , $ETH , and $SOL . On Mudrex, trading volumes surged nearly 90% as users capitalized on the weekend's forced liquidations.
3. The AI and RWA Narrative
While the "Majors" consolidate, the real momentum is in specialized sectors:
Hyperliquid ($HYPE): Continues to outperform the market, up 17% today as it attracts traders looking for decentralized perpetual alternatives.RWA Boom: QXMP Labs announced the activation of a new RWA (Real World Asset) Liquidity Architecture today, targeting $1.1 Trillion in on-chain asset registrations. This highlights that while prices are volatile, the "Utility Era" of 2026 is accelerating.
🔮 Prediction: The "Mid-Week Squeeze"
Bitcoin is currently trapped in a tight range between the $75,000 support and the $81,500 resistance.
Bullish Case: A continuation of ETF inflows + a "neutral" Fed commentary - BTC Target: $82,500.Bearish Case: If the US Dollar Index (DXY) continues its "Warsh-led" rally - BTC Support: $74,000.
💡 Smart Strategy: Watch Ethereum ($ETH ). After a violent "long squeeze" that saw it drop 53% from its peak, ETH is finally showing a bullish divergence on the 4-hour chart. The $2,200 floor held firm—this could be the "Value Play" of the week.
Are you joining the 90% of Indian traders "Buying the Dip," or are you waiting for more clarity? 👇
#BinanceSquare #CryptoRecovery #IndiaCrypto #Hyperliquid #writetoearn

India’s crypto market entered 2026 with a familiar reality: heavy taxes, tighter oversight, and no signs of policy relief.

Key Takeaways
India kept its strict crypto tax rules unchanged in the 2026 budget.Loss offsets remain disallowed, even when investors end the year in the red.The government focused on tougher compliance rather than tax relief.
When the Union Budget was unveiled, digital assets were notable not for what was said about them, but for what wasn’t.
Budget clarity through omission
By skipping any reference to cryptocurrencies in her address, Finance Minister Nirmala Sitharaman effectively confirmedthat India’s existing crypto tax regime will continue unchanged. The silence carried weight. It meant the flat 30% tax on virtual digital asset gains and the 1% transaction-level tax deduction remain firmly in place nationwide.
For the industry, the message was clear: engagement and lobbying over the past year did not translate into policy movement. Exchanges and tax platforms had pushed for adjustments to improve liquidity and simplify compliance, but Budget 2026 instead chose continuity.
Why traders still feel the squeeze
India’s crypto tax structure is unusual in its rigidity. Profits are taxed individually, losses cannot be offset, and deductions are limited strictly to the purchase price. In practice, this means an investor can lose money over the year and still owe tax on isolated winning trades.
That design has created mounting frustration, particularly among active traders. Market participants argue that the rules distort behavior, discourage volume, and push activity offshore rather than into regulated domestic platforms.
The numbers behind the pressure
Data from the 2024–25 financial year shows how this plays out in real terms. According to figures compiled by KoinX, investor outcomes were almost evenly split between gains and losses. Yet taxable gains exceeded ₹3,700 crore, even as aggregate losses crossed ₹1,100 crore.
Despite those losses, investors still paid tax on profitable trades that could not be netted out. At the same time, more than ₹500 crore was collected via the 1% crypto TDS mechanism. In many cases, the amount withheld exceeded the final tax liability, leaving capital tied up in refunds rather than circulating in the market.
Enforcement takes priority
Instead of adjusting the tax mechanics, the government used the budget to strengthen enforcement. New penalty provisions were introduced for missing or incorrect crypto disclosures, with implementation scheduled from April 1, 2026. The emphasis is firmly on compliance, signaling that reporting accuracy will be scrutinized more closely going forward.
For investors and platforms alike, this raises the cost of errors while offering little relief on the underlying tax burden.
A policy pause with long-term consequences
By choosing not to revisit crypto taxation, India has effectively extended a holding pattern. The rules are clear, but the debate is unresolved. Industry participants warn that prolonged inaction risks draining liquidity and innovation from the domestic ecosystem, even as global competition for crypto and blockchain talent intensifies.
For now, Budget 2026 delivers certainty of a kind - not through reform, but through reaffirming one of the world’s strictest crypto tax frameworks.
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