News Snapshot:
Bitcoin has shown extreme volatility this year. From a low of less than $ 30,000 (₹ 22.51 lakhs) in May-June to a high of $ 64,000 (₹ 48 lakhs) in April, the world’s largest cryptocurrency has boomed. A month ago it was trading around $ 50,000 (₹ 37.51 lakhs), then hit a low of $ 40,000 (₹ 30 lakhs), then peaked again at its current level of around $ 62,000 (₹. 46.52 lakhs). During all of these fluctuations, Bitcoin has managed to recover every time it lost its values, raising investors’ hope for its long-term future. The recent rally has...
