Bitcoin and oil compared- The Cryptonomist - BitcoinEthereumNews.com
With the war, the price of BTC reached $ 43,000 The rush to buy it has pushed up the value of the “Satoshi” and led to the coin being requested in Russia for as much as 64,000 dollars a unit. As a result of sanctions imposed by Europe and the United States, the Russians have seen the स्विफ्ट system (the worlds most widespread Western payment system) close its doors and have turned to the Chinese counterpart, सीआईबीएस, which has made a decisive contribution to its appreciation. The Yuan and Bitcoin are in fact the only two currencies in the world to grow and strengthen from all this. The other big reason for the virtual currencys growth is the fact that Bitcoin is, according to some investors, disengaging from a slavish relationship with equities. The change in the relationship between the stock market and Bitcoin is, according to some, going in the opposite direction; the more the stock market falls, the more Bitcoin rises and vice versa. This reversal is recent and has also been influenced by events in the Donbas and Ukrainian independence provinces which are pushing the currency. Crisis equals fear which consequently turns into a rush for safe-haven assets and for many Bitcoin is one. Bitcoin