As Bitcoin tops $11,000 level, investor interest in India on the rise
- A Supreme Court ruling in March, striking down the Reserve Bank of India’s (RBI) ban on crypto payments imposed in 2018 has also acted as a tailwind for the cryptocurrency investment.
Bitcoin prices surged past the $11,000 level on Tuesday, marking a steep recovery from its recent lows of around $5,000 in March 2020. The cryptocurrency was trading at around $10,972 at the time of writing this report on Wednesday.
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