⬆ +7 Bitcoin Is Now More Valuable Than The Russian Ruble $BTC bitcoin XBT cryptocurrency
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Ruble-Denominated Bitcoin Volume Surges as Russia-Ukraine Conflict EnduresIn today’s “Chart of the Day” segment, data from Paris-based crypto research provider Kaiko shows that the volume of Russian ruble-denominated bitcoin has surged to a 9-month high of nearly 1.5 billion rubles following global sanctions on Russia. Additionally, Bitcoin-Ukrainian hryvnia volume has also spiked following the progression of the Russia-Ukraine conflict.
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Ruble collapses as new sanctions on Russia hitThe West's sanctions are inflicting massive pain on the Russian economy.
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Ruble dives, stocks sink as West tightens Russia sanctionsThe ruble plunged to a record low of less than 1 U.S. cent and most global stock markets declined Monday after Western nations moved to block some Russian banks from a global payments system. Russia’s invasion of Ukraine has caused markets to swing wildly, given the potential impact on inflation, energy supplies and other economic repercussions. Putin's order that Russian nuclear weapons stand at increased readiness to launch ratcheted up tensions with Europe and the United States and revived dormant fears from the Cold War era.
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Ruble crashes after West tightens Russia sanctionsA sharp fall in Russia's currency could cause inflation in the country to surge and strain its financial system.
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Russia May ‘Nationalize’ Foreign Assets in Response to Western Sanctions, Medvedev Says – Bitcoin NewsAuthorities in Russia may begin to seize foreign funds that are in the country, former Russian President Dmitry Medvedev has indicated.
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