The digital assets sector is currently facing extensive pressure. Cryptocurrency market capitalisation plummeted to under $1 trillion on June 15, down from almost $3 trillion in November 2021. With escalating volatility in the world of digital currencies and continuous divestment from high-risk assets by investors, the outlook for purportedly decentralised currencies seems uncertain at best.
Nonetheless, did the intervention by the RBI against cryptocurrency in February shield Indian investors from substantial losses? To find out more about this, we recommend watching the accompanying video.
#cryptotrading #latestcryptoupdates #digitalcurrencymarket #indiatoday
Make sure to subscribe to India Today for FRESH CONTENT EVERY DAY and activate Push Notifications to stay updated with new releases.
Simply tap the BELL ICON next to the Subscribe button.
India Today TV stands as the leading English News Channel in India. The India Today YouTube channel furnishes the latest news videos spanning Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and much more.
Stay tuned for the most recent developments and thorough examination of news from India and across the globe.
Download the App: https://indiatoday.link/wHaj
Follow us: Official website: https://www.indiatoday.in/
Twitter: https://twitter.com/IndiaToday
Facebook: https://www.facebook.com/IndiaToday
source