scorecardresearchCrypto volumes in a free fall as prices flirt with gravity

Crypto volumes in a free fall as prices flirt with gravity

Updated: 20 Jul 2022, 11:33 AM IST
TL;DR.
In the past two weeks since the 1% TDS rule came into force, trading volumes of Zebpay fell by 50 percent, by two-third in Bitbns, and those of WazirX by nearly 60 percent.
Some experts point out that cryptocurrency prices were inflated by speculative activities that did not reflect market price.

Some experts point out that cryptocurrency prices were inflated by speculative activities that did not reflect market price.