The price of Bitcoin moved higher in the latest transaction data, registering around 53,145 thousand dollars with a 3.16% uptick. This snapshot comes from the data source Coinsk. (Source: Coinsk)
By 19:30 Moscow time, the cryptocurrency extended its advance, trading near 53,348 thousand dollars and adding roughly 3.58% for the session. (Source: Coinsk)
Bitcoin briefly surpassed the 53,000-dollar mark, marking its first time above that level since December 3, 2021, according to RT. (Source: RT)
Olga Polyakova, Deputy Governor of the Bank of Russia, stated in February that the regulator does not view cryptocurrencies as a means of payment within the Russian Federation. The central bank, however, signaled openness to the possibility of investing in digital assets. (Source: Bank of Russia)
In the same vein, Anatoly Aksakov, the chair of the State Duma Committee on Financial Markets, described the cryptocurrency market as unpredictable and urged focus on domestic digital financial assets. He noted a shift in attitude as more participants, including Russians, engage with this sector. Aksakov attributed part of the recent price movement to tensions in the American market, explaining that during times of crisis, investors seek alternative stores of value, which can drive Bitcoin higher in price. (Source: State Duma Committee on Financial Markets)
Speculation persists about the optimal timing for Russians to enter the Bitcoin market, with ongoing discussions on risk, opportunity, and the role of digital assets within the broader financial landscape. (Source: Market commentary)