Bitcoin Volumes in Russia Reach the Highest Level since May 2021 - BitcoinEthereumNews.com
Bitcoinरूस में बिटकॉइन की मात्रा मई 2021 के बाद से उच्चतम स्तर पर पहुंच गई है02 / 28 / 2022बिटकॉइन एथेरियम समाचार With the growing uncertainty regarding the future of Russias financial ecosystem, investors have started moving towards Bitcoin and other digital currencies. On Thursday, Ruble-denominated Bitcoin volumes reached the level of 1.5 billion, which is the highest figure in nearly 10 months. Russian investors are among the biggest crypto holders in the world. According to an estimate, Russians own approximately 12% of the global crypto assets. Due to the recent outbreak of a war between Russia and Ukraine, the countrys leading Bitcoin investors have accelerated the on-chain movement of digital assets. Data from Kaiko, a leading crypto research and analysis platform, indicates that Ruble-denominated cryptocurrency volumes have increased across the market. According to Clara Medalie, Kaikos research analyst, the trading activity was concentrated on digital exchange Binance. “Bitcoin-Ukrainian hryvnia volume has also spiked, but not as high as October levels. BTC-UAH only trades on 2 exchanges: Binance and LocalBitcoin,” Medalie told crypto news platform CoinDesk in an email. संबंधित सामग्री During the latest week, volumes related to USDT/RUB reached 1.3 billion, which is the highest level in almost 8 months. Bitcoin Token Circulation While Bitcoin took a