In spite of the lock down, and thousands of death caused by coronavirus in Russia. There has been a sharp increase in bitcoin trading volume across Russia. The number of registered users in Binance during April 2020 was two times higher than December of 2019.
Source: https://cointelegraph.com/news/coronavirus-lockdown-boosts-bitcoin-trading-in-russia
With this kind of development in Russia, are we to expect a big price movement not only in bitcoin but to altcoin generally
Source: https://cointelegraph.com/news/coronavirus-lockdown-boosts-bitcoin-trading-in-russia
With this kind of development in Russia, are we to expect a big price movement not only in bitcoin but to altcoin generally
Are we to expect a big BTC price movement because of Russia?
Do you think that Russia had any impact over the Bitcoin and altcoin prices during the last few years.?
I don't think so.Then why should we expect some major crypto price boost coming from Russia?
If some Russian oligarch becomes a crypto whale and buys Bitcoin-definitely yes,Bitcoin might go up.
If more Russians signup to crypto exchange platforms and start trading-most likely no.
By the way,how the hell did Cointelegraph track the nationality of the people,who created accounts in Binance?Did Binance publicly announced that more Russians joined the platform?