Bitcoin hovers near ₹61.1L as US Bitcoin ETFs attract investments

Business Aug 19, 2026

Bitcoin is hovering around ₹61.1 lakh today and briefly pushed toward ₹62 lakh, thanks to big investments flowing into US Bitcoin ETFs.

Even with rising US Treasury yields slowing things down a bit, analysts still see room for growth in the near future.

Liquidations lift Bitcoin, resistance near ₹62.22L

Bitcoin's jump was helped by the liquidation of short positions and improved market mood after recent global news.

Ethereum stayed steady at about ₹1.8 lakh per coin. Meanwhile, altcoins like Binance Coin and Dogecoin showed mixed moves.

Experts warn that Bitcoin faces resistance near ₹62.22 lakh, so staggered investing could be a smart move as markets remain unpredictable.