Bitcoin

This agreement between the 5th and 6th largest economies reduces tariff barriers on goods like Scotch whisky and textiles, potentially boosting bilateral trade by billions. For crypto, the indirect effect is through improved economic sentiment and currency stability (GBP, INR), which could marginally support risk assets if the macro environment improves. However, the crypto market is currently driven by regulatory fears and liquidity concerns, not trade deals.

The free trade agreement between India and the United Kingdom has come into effect.