Tag: Panic selling

Panic sales: China's crypto ban sparks panic selling among Indians

Panic sales: China’s crypto ban sparks panic selling among Indians

An unprecedented wave of trading activity swept through India, with transaction volumes increasing by roughly 50% on major crypto exchanges as Bitcoin and Ethereum plummeted to record low levels. This isn't the first time China has stated its opposition to the use of cryptocurrency. As the country's anti-crypto stance was reaffirmed, many people panicked and sold ...

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