Today, CGTN Global Business took to Twitter to announce the spike in trading volumes of Bitcoin and other cryptocurrencies. This was in response to Russia agreeing to negotiate with Ukrainian officials, on Friday. #Bitcoin and altcoin trading volumes are surging amid the crisis, with the total trading volume of all cryptos on the #Ukrainian exchange Kuna amounting to nearly $4.4 million in 24 hours. pic.twitter.com/ciT5SwJQdg — CGTN Global Business (@CGTNGlobalBiz) February 26, 2022 As the armed conflict with Russia began, the impact on both countries’ fiat currencies was quite apparent. Although Russia’s ruble suffered noticeably more, Ukrainian hryvnia also fell. The effect was immediately obvious on Kuna as well, as the trading volume of all cryptos on the exchange amounted to about $4.4 million in the past 24 hours. Tether’s USDT stablecoin soared to as high as 36.97 Ukrainian hryvnias on Ukraine’s Kuna exchange on Thursday. At the time of writing, BTC traded at $39,237 on Bitstamp.The post Surge in Trading Volume of Bitcoin and Altcoin Observed, Tweets CGTN Global appeared first on Cryptoknowmics-Crypto News and Media Platform.
