The Indian government has restricted trading of crypto in India. It's not banned though but the local exchanges have figured out the method to trade using p2p mechanism. So, what do you guys think will it have an impact on the whole crypto market?
I estimate that it will have a impact but we don't know how huge its gonna be. Remember that there are a lot of Indian investors as well and it was reported that they have poured millions if not billions worth of USD on the market. So the recent Supreme Court's decision to upholds RBI's will have a impact definitely. But we still have to wait because bitcoin is still making a good run even though this negative news was in the crypto related websites in the last couple of days.