Cryptocurrencies

Piling Up of Stablecoins Prompts for Abrupt Powerful Exodus into Bitcoin and Ether

 Cryptocurrencies

A recent report published by the Wall Street Journal unveiled that between February 20 and 28, Bitcoin volume jumped by 243% from 522 bitcoin (BTC) to roughly 1,792 BTC traded based on trading of Binance’s BTC/RUB pair. Earlier, a Russian government study estimated the citizens of that country were in possession of 2 trillion rubles (roughly $20 billion) worth of crypto assets.

March 7, 2022

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