Bitcoin’s Drop Below $90,000 Prompted Contrarian Buying Among Indian Investors

Indian Crypto Investors Make Contrarian Bets as Bitcoin’s Crash 2025 Pulls Prices Below $90,000

In a strong display of market confidence, Indian cryptocurrency investors used the recent Bitcoin Crash 2025 as an opportunity to buy the dip, even as the world’s largest crypto asset tumbled below $90,000 for the first time in seven months. Despite a sharp 30 percent fall from its 2025 peak and a massive $1-billion liquidation wave on November 18, trading activity across Indian exchanges remained surprisingly upbeat, showing a shift in investor behavior compared to previous correction cycles.

Market experts noted that the fall was less of a structural downturn and more of a temporary bull-market correction, triggered by macroeconomic uncertainties and profit-booking among long-term holders.

Indian Exchanges Report Buying Surge as Bitcoin Falls Under $90,000

On November 18, as Bitcoin struggled to stay above the $90,000 mark, Indian exchanges recorded higher buying momentum. CoinSwitch revealed that Bitcoin alone accounted for nearly 40 percent of its retail spot trading volume, signalling deep investor conviction during the Bitcoin Crash 2025.

Giottus also reported a notable rise in buying activity. The exchange saw its category of “big buyers”—those holding crypto worth more than ₹5 lakh—expand their Bitcoin positions by 15–20 percent. Across all investor categories, buy orders surged around 10 percent.

CoinDCX, meanwhile, continued to maintain spot-trading volumes between $10 million and $23 million per day. The exchange said investors were actively reallocating portfolios, booking profits from previous rallies, and adding more Bitcoin at lower price points.

Also Read : Govt May ‘Experiment’ With Stablecoins; Economic Survey 2025-26 Could Highlight Their Utility

Why Industry Experts Aren’t Worried About the Bitcoin Crash 2025

Despite the sharp correction, industry leaders maintained that the decline was not indicative of a long-term bearish cycle. Instead, they emphasised that such pullbacks often occur during strong bull markets.

Ashish Singhal, Co-founder of CoinSwitch, attributed the fall to a combination of global factors.
“Bitcoin fell below $90,000 for the first time in seven months, influenced by uncertainty around potential US interest rate cuts, broader negative equity market sentiment, and large holders reducing their positions,” he said.

Singhal added that although some analysts pointed to a “death cross” pattern, similar past occurrences were followed by recoveries, suggesting this movement reflects short-term volatility rather than a structural decline.

Sumit Gupta, Co-founder of CoinDCX, echoed this sentiment.
“The steady volume spikes on sharper price movement days show that investor participation remains strong. There is resilience and continued confidence in Bitcoin’s long-term potential despite short-term volatility,” he noted.

Over the past month, Bitcoin has slipped nearly 15 percent, sliding from above $110,000 to around $91,000 by the evening of November 18.

Ethereum Investors Also Capitalise on the Market Correction

While Bitcoin dominated trading volumes during the Bitcoin Crash 2025, Ethereum also experienced an uptick in investor interest. Giottus reported a 5 percent rise in ETH buy orders, mainly from long-term investors who understand that Ethereum typically lags Bitcoin during sharp corrections but often recovers strongly once stability returns.

Giottus Co-founder Vikram Subburaj stated that investor responses this time were far more strategic compared to the impulsive behaviour seen during the 2017 and 2021 cycles.

“A growing share of customers now invests through SIPs, follows target allocation strategies, and understands halving cycles and macro risks. Investors are pairing BTC with stablecoins and blue-chip alts, keeping emergency liquidity outside the market, and sizing their positions smartly,” Subburaj said.

HNIs and Family Offices Also Buy the Dip During Bitcoin Crash 2025

It wasn’t just retail investors stepping into the market. Digital asset management firm 9Point Capital, which caters to high-net-worth individuals and family offices, also used the correction to increase exposure to Bitcoin.

Parth Srivastava, Head of Quant at 9Point Capital, said:
“The fall is a structural correction—a bull-market correction driven by a trickle-down effect. As some long-term investors liquidated their old BTC holdings, panic-selling by others accelerated the drop. But it also opened fresh buying opportunities.”

Why Bitcoin Crashed: The Key Drivers Behind the Correction

The current downturn began when long-term holders, who had kept their tokens untouched between 2020 and 2022, started booking profits in early October. This sudden movement of dormant Bitcoin triggered a wave of selling pressure across the global crypto market.

As major tokens entered exchanges for liquidation, fear spread among short-term traders. In just five weeks, total crypto market capitalisation plunged by more than $1.2 trillion from its early-October highs, intensifying the impact of the Bitcoin Crash 2025.

Conclusion: Indian Investors Show Newfound Maturity Amid Bitcoin Crash 2025

The most striking insight from this correction is the behavioural shift among Indian crypto investors. Instead of panic, the market saw calculated moves, disciplined rebalancing, and strategic buying. The response suggests increasing maturity in India’s crypto investment landscape—one driven by long-term conviction rather than short-lived speculation.

As the global market waits for fresh macro cues, Indian investors appear confident that the Bitcoin Crash 2025 is a temporary setback in a larger, ongoing bull cycle.

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