Surge in Ruble-based BTC, USDT volume as Dollar strengthens over RUB

2023-7-7 12:29

Quick Take

During the recent attempted Russian coup, CryptoSlate reported a surge in both Bitcoin (BTC) and Tether (USDT) volumes paired with the Russian Ruble (RUB). Interestingly, this trend seems to be resurfacing.

As of today, July 7, the daily trading volume for the BTC/RUB pair has soared, exceeding $2 million. This marks the highest trading volume since June 21. Similarly, the RUB/USDT pair reached $7 million in volume, which is also the highest since the same date.

One noteworthy point is the continuous weakening of the Ruble against the U.S. Dollar. Currently, the exchange rate stands at 93, signifying an ongoing decline of the Russian currency versus the Dollar.

Considering these developments, a question arises: Are investors increasingly gravitating towards USDT and BTC in these turbulent times?

USDT/RUB: (Source: The Block) BTC/RUB: (Source: The Block) USD/RUB: (Source: TV)

The post Surge in Ruble-based BTC, USDT volume as Dollar strengthens over RUB appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 67100.58 (-0.01%)
Объем 24H $24.262b
Изменеия 24h: 1.01 %, 7d: 10.42 %
Cегодня L: $66739 - H: $67184.6
Капитализация $1321.878b Rank 1
Цена в час новости $ 30115.99 (122.81%)

rub surge usdt russian btc paired volumes

Источник: cryptoslate.com

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Fantom Launches Recovery Plan For Funds Lost In Multichain’s $200M Exploit, FTM Soars

The Fantom (FTM) Foundation has taken decisive steps to recover assets lost in the Multichain exploit that devastated various chains, including its own, resulting in a staggering $210 million loss. After failed attempts to engage with the Multichain Foundation, the Protocol has announced that it filed a lawsuit for “breach of contract” and “fraudulent misrepresentations.