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Rupee Weakens Against Dollar, Affects Bitcoin Prices in India
The Indian rupee opened at ₹94.79 against the US dollar on October 23, 2026, marking a slight improvement from its previous close of ₹94.82. This currency movement can make Bitcoin more expensive for Indian traders, as the price of BTC in India is influenced by the rupee's exchange rate. A weaker rupee can lead to higher prices for Bitcoin, even if its global price remains stable.