#CryptoTariffDrop
[Binance Market & Policy Update – April 9, 2025]
The crypto market is showing signs of a pullback:
BTC down 3.65% to $76,841
ETH down 6.91% to $1,462.46
SOL down 5.41% to $104.14
Meanwhile in India, the Union Budget 2025 kept crypto taxes unchanged:
30% tax on crypto income
1% TDS on all transactions
Despite calls to reduce TDS to 0.01%, the government held firm, citing compliance and transparency. Exchanges must now report detailed transaction data, signaling tighter oversight.
For Indian investors, this means more regulatory clarity—but also added caution.
Volatility + Policy = Strategy Shift.
Always DYOR (Do Your Own Research) before making moves.