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On Wednesday, April 16, Bitcoin experienced a slight dip, both globally and within India. Globally, the cryptocurrency fell by 2.60% to $83,350 (approximately Rs. 71.4 lakh), according to CoinMarketCap. Indian exchanges like CoinDCX and CoinSwitch showed a similar trend, with Bitcoin trading at $86,150 (around Rs. 73.8 lakh) following a 2.30% decrease over the past 24 hours. The broader cryptocurrency market also reflected this slowdown, with most alternative cryptocurrencies experiencing price corrections.
