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Crypto prices fall down; 60% drop in Indian bitcoin trading apps

Shortpedia

Content Team
Image Credit: cityam

WazirX, one of India's major bitcoin exchanges, witnessed a 60% decrease in trading volume in June compared to May. In May, WazirX trading volumes surpassed $6 billion. However, the platforms are now taking advantage of the downtime to enhance and increase the stability of their existing systems. Nischal Shetty, co-founder and CEO of WazirX, claimed that they lacked the bandwidth to create anything new owing to the massive volumes.