The price of bitcoin exchanges in India has increased to between 25-28% more than their cost, largely due to the government’s moves towards demonetisation that the CEO of Unocoin said has increased demand for bitcoin. Bitcoin’s value is up by over 500% since last year, and its market cap stands at $16.7 billion.
The price of bitcoin exchanges in India has increased to between 25-28% more than their cost, largely due to the government’s moves towards demonetisation that the CEO of Unocoin said has increased demand for bitcoin. With a limited supply of bitcoin from Indian traders, the CEO of Zebpay added that bitcoin offers safe alternative investment options to customers.