Indian crypto investors make contrarian bets as Bitcoin dips below $90,000
Crypto purchases by Indian investors saw contrarian movements as they continued to rise despite Bitcoin falling below $90,000 for the first time in seven months. Among top exchanges, Bitcoin accounted for nearly 40% of CoinSwitch's retail spot trading volumes on Tuesday. Giottus saw its 'big buyers' increase their Bitcoin holdings by 15-20%, while overall buy orders were up 10%.