The enthusiasm about the rally is, however, lacking among retail investors. “However, I think bitcoin will need to cross ₹14-15 lakh for retail investors to jump in with large numbers. Indian crypto investors have faced a rocky road in the past few years. Dahake estimates the rupee crypto industry volume at $10 million per day, up from almost nothing during the ban. The crypto industry has played down the gains that investors have made in 2020 and is anxious to promote a more stable culture of crypto investors.

Source: Mint November 18, 2020 01:18 UTC