Foreign Press: Investors in India have been wait-and-see as the cryptocurrency market declines.

2022-1-22 19:10
share to
Scan QR code with WeChat

According to 22nd news, the global cryptocurrency market capitalization fell 13.5% in the past 24 hours, reaching $1.6 trillion. Some, like the president of El Salvador, see it as another opportunity to buy 410 bitcoins for $15 million. Others, like cryptocurrency traders in India, have been more cautious. A report from the Financial Times of India, citing data from industry sources, shows that Indian cryptocurrency traders and traders' purchases have fallen over time, which compares to the last time the market was inactive. . Specifically, according to the new Coinshares report, the market saw investment in digital assets for the fifth consecutive week. While the report believes negative sentiment has cooled, earnings last week hit a record $73 million. Nischal Shetty, co-founder of WazirX, said: “Buying is significantly lower than it was a few months ago. But that has a lot to do with the global crypto industry than India. ." May takes a "wait and see" approach. (AMBC encryption)

Next:
Bitcoin S2F Founder: The Fall Can No Longer Stop Bitcoin Add Another Zero
According to Golden Financial, the price of Bitcoin has fallen by 8.75% in the past 24 hours, and its current value has fallen to around $35,600. According to Plan B, the model's anonymous author (S2F), this is not cause for panic. Plan B encourages market participants to adopt exchanges, as Bitcoin has proven to be a profitable long-term investment. Plan B says that it is an exception that the value of Bitcoin will return to zero in the next few years. (Currency Show)
2022-1-22 19:23