ππ«π²π©ππ¨ πππππ‘ππ« π π¨π«ππππ¬π The Russian bear is getting Bearish as the Russian ruble-to-Bitcoin (RUB/BTC) trading volumes reached a nine-month high as the countryβs fiat currency fell to record lows in the aftermath of the invasion of Ukraine. The ruble is losing ground fast and this is yet another reason why the Ukrainian crisis would drive crypto mass adoption. Yes, the economical markets will suffer, but crypto is an odd one. And this crisis might show a whole new range of users that has no links to the equity market, allowing BTC and crypto to become more detached from the equity market. But first things first. LetΒ΄s see the impact on the US market now that the SWIFT payments are no longer possible for Russia. The drop we saw last night was probably caused by the expectation of the market reacting negatively to this news. Although we have been slightly recovering since this morning. #crypto #swift #ruble
3 comments
I'm hoping that people see the adoption of cryptocurrency as a way to help prevent disasters like this Russian-Ukrainian war. Without fiat, how can nation states finance their aggression?
Yes indeed and you can aid people directly without aiding the governments first
Good luck to you my friend