Trading on Indian Crypto Exchange Continues to Slump Following New Tax Laws; Cryptos Higher

The largest cryptocurrency by market capitalization was recently trading just over $39,200, up over 2% over the last 24 hours. Ether, the second-largest crypto by market cap, was changing hands at roughly $2,880, a more than 1.9% gain over the same period. Trading volume and volatility remained at low levels as investors continued to grapple with the toxic combination of rising prices and uncertainty.