Local crypto prices recover partially after overnight plunge

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  • Local prices of cryptocurrencies fell sharply overnight as selling accelerated after the government listed a bill to deal with such tokens for the upcoming session of Parliament.
  • Local prices are based on quotes on WazirX, while overseas prices are based on CoinDesk data.
  • Overall, across a basket of tokens, local prices saw about a 15% drop overnight compared to international markets, the head of a local exchange said on the condition of anonymity.
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