Business Analysis News 28 June 2025

February 5, 2026, 11:39 PM EST. Indian rupee strengthened by 11 paise to 90.23 against the US dollar in early trading on February 6, 2026, buoyed by positive investor sentiment ahead of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) announcement. Meanwhile, Bitcoin experienced a sharp decline, falling nearly 10% on the day and about 30% over the week to trade around $65,000-$66,000. The plunge is attributed to a break below key technical support levels and heavy outflows from U.S. spot Bitcoin exchange-traded funds (ETFs). Analysts note increased selling pressure due to unrealised losses among short-term holders. Market watchers await upcoming U.S. economic data releases, including January jobs and inflation reports, which could significantly influence Federal Reserve rate cut expectations.