The focus of investors is revolving more in Bitcoin and other cryptocurrencies, as worries over Federal Reserve continue to threaten the markets.
On the other hand, Ethereum is up by around 45% since January 24 trading at around $3,200 with a nearly 56% fall from its record high of $4,868 witnessed in November.
In terms of rupees, Bitcoin suffered 1.4% to trade at Rs 33,77,000 while Ethereum dipped 3% to Rs 2,34,999.0.
He also said that SEC is “trying to work with various crypto platforms, exchanges, lending platforms,” to ensure investor protection.