Bitcoin Droped To 5746$ In Indian Market (FUD).
Todays Bitcoin price on Zeb pay(Indian Exchange) is around 3,90,002 inr (5746$). But in international exchanges btc currently trading on 5924$.
Bitcoin was trading on 5900$ on oct 2018, Its been 8months btc dropped again to its lowest level due to huge number of price manipulation by whales, and in indian exchanges btc value is lower than international exchanges, Because on 3 june there is an hearing in court about bitcoin, and all banks has to stop deal with every indian crypto exchange, means no one can take their withdrawals from banks any more from 5 june.
Thats why there is an hearing on 3 july, we can hope court will extend the time limit. There is one more hearing about bitcoin on 18 june, Indian government is confused what to do, Its better to regulate not to ban.