The ongoing turmoil in Japan’s stock market coupled with geopolitical tensions erupting in multiple parts of the world is keeping the crypto sector low on profits. Bitcoin on Wednesday, August 7 reflected a loss of 3.25 percent to trade at $57,261 (roughly Rs. 48 lakh) on international exchanges like CoinMarketCap. Even on Indian exchanges, Bitcoin … Read more
From US’ presidential tussle between Donald Trump and Kamala Harris to Japan’s stock market crash – several macro-economic factors have been impacting the prices of crypto assets. Bitcoin on Monday, August 5, reflected a price drop of 10.98 percent on international exchanges that brought its trading value to $54,073 (roughly Rs. 45 lakh). On Indian … Read more
MUMBAI: The selloff in the Indian market Monday was led by foreign funds with a Rs 10,000-crore-plus net outflow. On the other hand, domestic institutional investors were net buyers at Rs 9,156 crore, but still could not cushion the selloff. Gold and crude were trading 1% lower in early trades in New York, while bitcoin … Read more