Cryptos gaining currency in India amid bitcoin rally

Mumbai: Cryptos are back in vogue. Beyond the bubble of Dalal Street, a sudden frenzy has gripped this market. Urban investors, with a stomach for exotics, are trying their luck on cryptocurrencies whose prices have surged in the past two months. Bitcoins, ethereum and ripple – virtual currencies that emerged after the 2008 financial meltdown amid loose monetary policy and diminishing value of legal tender – are once again rapidly changing hands