Countries with large amounts of virtual currency transactions such as China, Japan, Korean and India with the increasing trend of many brands continuing to expand their payment operations in Bitcoin, this currency will rise to a peak of $ 20,000 in 2017.
However, recent bad news from Asian countries Bitcoin price is going down very fast. Yesterday bitcoin price continues to fall deep down to 8,200$ and possibly more.
In particular, China and India have a great influence on the BTC currency because the number of bitcoin traders is huge
China and india off course are two asian giants and force to reckon with.But if we compare india and china,hands down china is more powerful and influential in crypto market world.India is relatively new in comparison with china but has develop a strong base in very short time.In recent times market of china has decreased but still holds the power due to market cap.In total market cap of crypto 3rd highest investments come from china and india is still growing.