New Delhi, July 14 -- Bitcoin crossed the $123,000 mark for the first time on Monday. The world's largest cryptocurrency scaled a record high of $122,571.19, before pulling back slightly to last trade 3 per cent higher at $121,488.08.

Blame it on the massive rally, according to a Coinswitch report, over two crore crypto investors were recorded in India as of December last year.

Sample this: the closing price of Bitcoin in July 2020 was about Rs.8.7 lakh per BTC, and the current price is Rs.1.05 crore per BTC. If you had invested Rs.1 lakh in Bitcoin, your investment would have grown to more than Rs.12 lakh.

According to Raj Karkara, COO of Zebpay, Bitcoin's 2025 rally is being driven by a powerful mix of institutional adoption, regulat...