FIIs have been selling in India and are moving money to cheaper markets like China, Hong Kong, and South Korea where valuations had turned attractive relative to India.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest