Recent Cryptocurrency Price: The Reserve Bank of India (RBI) on Wednesday reiterated its opposition to cryptocurrencies. The central bank says crypto currencies pose a serious threat to economic and economic stability. Reserve Bank Governor Shaktikanta Das, on the occasion here, reiterated his decision not to allow cryptocurrencies, saying that money is not coming under the control of central banks’ laws. In that case, it is a serious risk to any financial system. Das’ remarks come ahead of a Reserve Bank committee report on cryptocurrencies. The report is expected next month.

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The cryptocurrency market had a downtrend Wednesday. On Tuesday, the price of Bitcoin also hit its new record. The US intelligence agency FBI says there is a possibility of a major fraud going on through cryptocurrencies in the future. At the same time, the Indian Ministry of Finance has announced the introduction of a tax on cryptocurrencies. Following this, there is a significant decrease in all cryptocurrencies including bitcoin and ether.

The bitcoin movement has been fraught with ups and downs. This cryptocurrency went down $ 30,000 in July. After this healing appeared in it. On October 9, the price of bitcoin jumped to $ 67,800. In this, with a strong hit, the potential for a sharp fall remains constant.

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