Bitcoin's price recovered from a free-fall after Wednesday's transactions began with a dip, but remained flat as the day progressed. Bitcoin is presently trading at $66,011 (approximately Rs. 49 lakh) on the Indian market CoinSwitch Kuber, with a valuation of $59,922 on sites like CoinMarketCap (roughly Rs. 44.5 lakh). Bitcoin has dropped 0.98 percent in the previous 24 hours, hovering around the important inflection point of $60,000 (approximately Rs. 44.7 lakh), but it is still a long way from the all-time high of $68,990 (about Rs. 51.18 lakh) set last week.