Bitcoin is back...or is it?
The cryptocurrency's price nearly touched its previous record high, having more than doubled so far this year.
Investors are buying into the hype. And not just in the US, South Korea, Singapore or Japan - but also in India.
Yes, India, where only two months ago the word on the street was that Parliament might pass a Bill to outlaw all crypto trading and make it a criminal offense.
If present trends continue, India’s share of crypto trading in Asia could very well cross China’s soon.
What explains Indians’ sudden fascination with Bitcoin? And why is the cryptocurrency scaling new heights at all?
Click link for answers: https://transfin.in/why-is-bitcoin-price-going-up-suddenly