7*24

Hot topic

Market

Activities

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI crypto trading bots surge in demand as traders stru

Leading AI day trading bots in 2026: Why most fail, and what actually works

Rain: Uniswap for Predictions on Arbitrum

Bitcoin's current pullback toward the $76,275 level has significantly cooled the market, but technically the bullish scenario for 2026 still remains intact. While macroeconomic factors, particularly t

Bitcoin's $90,000 Dream Fades, but Bollinger Bands Keep It Alive

MEGA: Real-Time Execution Layer for Ethereum

Markets USD/INR: Indian rupee hits record low of 96.25 vs dollar as Iran war drives oil above $111. RBI intervenes; analysts warn of 98–100 ahead. The Indian rupee fell to an all-time low of 96.28 aga

Markets

USD/INR: Indian rupee hits record low of 96.25 vs dollar as Iran war drives oil above $111. RBI intervenes; analysts warn of 98–100 ahead.

The Indian rupee fell to an all-time low of 96.28 against the US dollar, driven by rising crude oil prices and the ongoing US-Iran conflict.

The Reserve Bank of India and the government have implemented measures to stabilize the currency, including import curbs on precious metals and restrictions on speculative trading.

Analysts predict continued pressure on the rupee, with forecasts suggesting it could reach 100 if the geopolitical situation does not improve.

The weakening rupee has negatively impacted Indian equity markets, with significant drops in major indices despite some foreign institutional buying.

The Indian rupee crashed to an all-time low of 96.28 against the US dollar in early trade on Monday, extending a brutal five-session losing streak as surging crude oil prices and the widening US-Iran conflict pushed the currency to territory it has never seen before.

At the interbank forex market, the rupee opened at 96.19 and quickly slid to 96.25 — a fall of 44 paise from its previous close of 95.81. As of this writing, USD/INR trades around 96.28.

What’s Driving the Slide in Indian Rupee Against the US Dollar?

Three forces are hammering the rupee simultaneously:



Grab Your Share of the 300 USDT Prize Pool!

USD/INR at 96.29: Indian Rupee Hits Record Low as

Gann Semicircles Time Projections | Astral Vision 🌠💠 This indicator projects Bitcoin's market cycle structure forward in time using a geometric framework based on W.D. Gann's semicircle theory, which 

Gann Semicircles Time Projections | Astral Vision

MU: Top Memory Chip Maker 

BitcoinWorldEuro Strengthens as European Bond Sell-Off Pressures US Dollar, ING Reports A sell-off in European government bonds is creating a notable shift in currency markets, with the Euro gaining g

Euro Strengthens As European Bond Sell-Off Pressures US Dollar, ING Reports

$ALLO Allo is redefining data ownership with a fully decentralized marketplace that rewards users for sharing data securely. With low fees and fast settlement, Allo empowers creators and businesses to

Orca: Top AMM DEX on Solana

MINA chatter is mixed/neutral with low engagement as traders debate “stagnation” vs risky futures plays. On Apr 27, Mesa preflight hard fork was completed; on May 5, Protokit hit Devnet; on May 13, Wi

HTXSquare: Global Markets After Trump China Visit

Crypto analyst Will Taylor — founder of CryptoinsightUK and author of The Weekly Insight — says XRP could be nearing a pivotal moment as U.S. regulatory progress, Ripple’s infrastructure buildout and 

XRP Nears Pivotal Moment: Analyst Says Clarity Act, Ripple Buildout and Liquidity Could Spark Rally

Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitHTX Creation Challenge — Post and Win 1,500U 💥 Strategy, the largest institutional Bitcoin investor, did not

HTX  Creation Challenge — Post and Win 1,500U 💥

Strategy, the largest institutional Bitcoin investor, did not miss out on this week either and made its weekly purchase.

Accordingly, Strategy purchased an additional 24,869 Bitcoin ($BTC) for approximately $2.01 billion, at an average price of $80,985.

The news was announced by Michael Saylor, co-founder and chairman of the board of Strategy.

“Strategy purchased 24,869 $BTC for approximately $2.01 billion at an average price of $80,985. And it achieved a 12.6% return in YTD 2026.”

As of 17/05/2026, we hold 843,738 $BTC, acquired at an average price of $75,700, for approximately $63.87 billion.

The recent purchases were made with capital generated from the sale of preferred shares (STRC) and the main share (MSTR), and with this acquisition, Strategy acquired a significant portion of Bitcoin’s 21 million supply, controlling more than 4% of it.

On the other hand, BitMine, the largest institutional Ethereum ($ETH) bull, announced last week that it had purchased an additional 126,659 $ETH.

Accordingly, BitMine added 71,672 coins worth $153 million at a price of $2,191 last week, increasing its Ethereum treasury to 5.27 million $ETH, bringing its total $ETH holdings to approximately 4.37% of the circulating supply.

BitMine also stated that the total amount of Ethereum staked has reached approximately 4,712,917 million $ETH. This is equivalent to $10.3 billion at a price of $2,191 per $ETH.

Bitmine Chairman Tom Lee stated that the current situation in Ethereum presents an opportunity, saying:

“Last week we acquired 71,672 $ETH. We see the recent drop in $ETH below $2,200 as an attractive opportunity. Bitmine is expected to reach its ideal 5% growth rate in 2026.”



Bitcoin (BTC) and Ethereum (ETH) Bulls Make a Huge

USDS chatter is neutral: traders view it as a “safe parking” stablecoin with low volatility and focus on risk management. On Apr 16, Sky launched USDS and sUSDS on Avalanche via Skylink with transfer 

Here Are The Major Bitcoin Levels To Watch After Breaking $80,000

Michael Saylor: I Did Say I Would Sell Bitcoin, But It's to Buy More

Sequoia Interview with Hassabis: Information is the Essence of the Universe, AI Will Open Up a New Branch of Science

Arthur Hayes' Latest In-Depth Article: Forget Wars and Inflation, the AI Bubble Is the Biggest Opportunity

XRP Price Outlook: XRP Pushes Toward $5, but This Low-Cap Token Could Explode 9,800% First

Casper Network Publishes the Casper Manifest, a Multi-Year Roadmap to Power Regulated Real-World Assets and the Machine Economy

BingX Launches EventX, Turning Real-World Events Into Tradable Assets

Stablecoin yield ban emerges as flashpoint in new U.S. crypto bill

Banking Africa: Cantor8 Moves Deeper Into Africa’s Mobile Money Sector via Yiksi Limited

Forget XRP, Market Expert Reveals The Real Winners If The CLARITY Act Is Passed

Article

ETH drops below 2100 USDT

GODS fluctuated over 50% in 24 hours!

TRAC fluctuated over 50% in 24 hours!

Bitcoin Fear and Greed Index is 28

CLAWD fluctuated over 50% in 24 hours!

CLAWNCH fluctuated over 50% in 24 hours!

HTX breaks through 2e-06 USDT

bill soared to 0.165577 USDT, a new high with a 24-hour increase of 3.87%. It currently trades at 0.156232 USDT on HTX.

twt soared to 0.5077 USDT, a new high with a 24-hour increase of -2.58%. It currently trades at 0.4863 USDT on HTX.

MFER's 24-hour fluctuation exceeds 50%!

News

Tariffs Crash Crypto

Share Your HTX Earn Strategies and Earnings

Claim1,200 USDT in the Monthly Creation Challenge

Hit March's Interaction Leaderboard

Share Your Thoughts on Popular Assets in March

Share Crypto Stories to Win 400 USDT

Contest for HTX Community's Most Popular Post

Post To Earn Bonus

Share Your Thoughts on Popular Assets in June

Check In to Win a 20g Gold Bar

Topic

Special

Post

TWT: Trust Wallet Ecosystem Token

BTC Shakes at $80K—Up or Down?

Everything Can Be Huobao

$110K Spring Airdrop Rain—18 Days Straight!

ZBT: Real-Time ZK Prover Network

BLEND: Multi-Language L2 Rollup

Genius: First Private On-Chain Terminal

BIO: DeSci Governance & Liquidity

CHIP: Yield-Bearing Synthetic Stablecoin

CC: Institutional Privacy L1

OPG: Native Intelligence Network

HTX DAO's First Hackathon Launches!

 Blockchain Forum 2026, Moscow

Recommend

Follow

Articles

Community

All Comments0LatestHot

Trending Topics