It’s rare that an exchange sends out a warning about trading in a particular stock or commodity or crypto currency. On Tuesday, the country’s leading bitcoin exchange did just that – sent out an advisory to investors that said: “Due to high demand and low supply of bitcoins, both buying and selling prices are higher in India compared to international prices. Please be cautious since bitcoin prices are volatile and trades are subject to market risk.”
The advisory was issued after the crypto currency tumbled around 20 per cent in three days – from $5,000 to $4,030 on Tuesday morning,