This year, the Diwali festive season in India has coincided with the bull run for Bitcoin and Ethereum, two of the most popular cryptocurrencies. Prices for the two virtual currencies have been soaring since October.
“Traditionally, investors used gold to hedge against stock volatility. But today, crypto is slowly emerging as a mainstream investment class especially among millennials,” Nischal Shetty, WazirX CEO said, in conversation with Inc42.
https://inc42.com/buzz/diwali-2020-can-bitcoin-challenge-gold-as-an-asset-class/
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
