Pune is making waves in the world of cryptocurrency investments, ranking fifth among the top 10 cities in India, according to the latest report from CoinSwitch. The city is also leading the pack in terms of returns for crypto investors, with a whopping 86% of investors in Pune reporting profits.
The report also sheds light on the growing interest in digital assets in Pune, with 76% of crypto investors being men and 24% women. When it comes to investment preferences, large caps are the most popular choice, followed by blue chips, mid caps, and small caps.
Delhi, Bengaluru, and Mumbai are the top three cities for crypto investments in India, contributing a significant portion to the overall investment landscape. Stable digital assets like Bitcoin and Ethereum continue to dominate portfolios, with meme coins also gaining traction.
Young investors are driving the growth of the crypto market in India, with the majority of investors being under 35 years old. While there is a growing number of investors aged 36 to 45, the participation of women in the crypto space remains relatively low.
Bitcoin has made headlines by crossing the $100,000 mark this year, indicating a positive outlook for the crypto market in 2025. According to Balaji Srihari, Vice President at CoinSwitch, the sector is poised for continued growth and could reach new heights in the coming year.
Thanks For Reading Report of Punepress.com