CoinGape
2022-03-07 13:20:59

Russian Ruble Crashes Further Against Bitcoin As Oil Sanctions Loom

Russia’s ruble sank 26% to a record low against Bitcoin on Monday, extending losses as the United States said it was mulling sanctions on Moscow’s oil exports. One Bitcoin is now worth over 5 million ruble, with the currency having slumped nearly 60% against Bitcoin in the past month. Sanctions pressure Russian economy Restrictions on The post Russian Ruble Crashes Further Against Bitcoin As Oil Sanctions Loom appeared first on CoinGape.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.