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Read Chairman Clayton’s recent testimony to Congress about ICOs. Bitcoin is trading above the $30,200 mark! The leader of the crypto market on Tuesday set a new price high for the year 2023. Notably, Bitcoin touched the psychological mark of $30,000 for the first time since June last year. The current year has been fruitful for the crypto as it has gained nearly 84% so far, making Bitcoin top-performing asset in the respective market in Q1 of 2023. The latest sharp rally does indicate a growing interest in cryptocurrencies among Indian investors. Bitcoin took a brutal fall on Monday, briefly dipping below $30,000 for the first time since July 2021. The world’s largest cryptocurrency is now worth less than half of what it was in the fall. Other cryptocurrencies, like Ether and BNB, have seen similar falls, while trading volumes have also tapered off on major exchanges. Some experts are now warning of a “crypto winter,” in which the sector’s astonishing growth is replaced by an extended period of contraction.

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