Bitcoin crosses $100,000 milestone: Should Indians invest in crypto now?

For the first time ever, Bitcoin has crossed the $100,000 mark, buoyed by a combination of political developments, institutional investments, and changing global regulations.

Factors behind the crypto rally

Experts attribute the milestone to several factors, including the re-election of Donald Trump as US president and his administration’s pro-crypto stance. Edul Patel, CEO and co-founder of Mudrex, pointed to Trump’s nomination of Paul Atkins as SEC chair as a key driver.