Coinswitch

Indian exchanges CoinSwitch and CoinDCX, both of which work with WazirX for some of their services, said earlier this week that their customers hadn’t been impacted by the attack on WazirX.

It is worthwhile to note that all of these tokens have already gone 10 times of their lows in the market cycle and a correction will not be surprising,” the CoinSwitch Markets Desk told Gadgets360.

The ETFs have seen consistent inflows even as bitcoin prices fluctuated, indicating strong investor demand for regulated bitcoin exposure,” the CoinSwitch Markets Desk told Gadgets360, detailing reasons for BTC's price spike this week.

While this might indicate that bulls are not willing to step in at this price point, it might also be the case that taking the Bitcoin's price further down will not be easy for the bears as well, the CoinSwitch markets desk told Gadgets360.