Home » Business » In Russia it ran to the Bitcoin “counter”. The price jumps by 10%

In Russia it ran to the Bitcoin “counter”. The price jumps by 10%

Cryptocurrencies and geopolitics

The surge immediately after the central bank’s decision to prohibit the transfer of currencies abroad for residents

by Vito Lops

The key points

  • A historic day
  • The logic of the founder
  • Who pushed the quotes
  • The currency for donations

What happened to the Bitcoin price starting at 3pm in Italy, 5pm in Moscow? A sudden “pump” worth over $ 3,000 (about 10%) with the price reapproached in the area of ​​41,000 dollars. Very strange, because it all happened while the volatility of Wall Street, measured by the Vix index (with which Bitcoin recently showed a strong inverse correlation) rose by 7 percent.

It is difficult not to connect the strong movement to what is happening in Russia and to the decision taken in it …

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