A post that a guy from India say:
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Might be coz of India FUD. I am from India, and trust me govt didn't say exactly what the news is posting. All that the parliament said is that Crypto is not legal tender.

Indian Govt has a long history of not taking calls. They always stall things as long as they can. Our media and politicians take the word 'currency' in cryptocurrency quite literally. They think we want to use cryptos to buy our daily milk and eggs. We just want to be able to trade them, and use them as a store of value on the other hand. Journalists are not smart enough at the moment to understand this concept, and politicians are smart enough to keep everything in limbo not really start taxing crypto trading. Some individuals are saying ban the crypto trading and thats what media highlighted, but a couple of individuals doesnt make up the whole govt (just like the recent S Korea FUD)

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So... calm down... dont panic ! Just another FUD.
Midia war against Cryptomarket
Be smart.
The prices will back. Dont sell. Dont lost money