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.