Bitcoin showed hints of recovery over the weekend, but it has since fallen in value once more. Bitcoin is presently selling at $62,320 (approximately Rs. 46.4 lakh) on the Indian market CoinSwitch Kuber, while the most popular cryptocurrency is valued at $56,884 on worldwide platforms like CoinMarketCap (roughly Rs. 42.3 lakh).
Major cryptocurrencies such as Bitcoin, Ethereum and ICX crack as China strengthens its stance against crypto.
Indians, once known as one of the world's largest gold holders, are now cheerfully abandoning their infatuation with the precious metal in order to purchase more Bitcoin. Bitcoin, the digital gold, is unmistakably becoming a popular choice among next-generation traders. We all know that holding and storing actual Gold is more difficult than holding and storing Bitcoin.