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Cryptos gaining currency in India amid bitcoin rally

Cryptos gaining currency in India amid bitcoin rally
Cryptos gaining currency in India amid bitcoin rally

Synopsis

Urban investors, with a stomach for exotics, are trying their luck on cryptocurrencies whose prices have surged in the past two months.

Mumbai: Cryptos are back in vogue. Beyond the bubble of Dalal Street, a sudden frenzy has gripped this market. Urban investors, with a stomach for exotics, are trying their luck on cryptocurrencies whose prices have surged in the past two months. Bitcoins, ethereum and ripple - virtual currencies that emerged after the 2008 financial meltdown amid loose monetary policy and diminishing value of legal tender - are once again rapidly changing hands
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The Economic Times