Russia’s Interest Rate Hikes, Bank Runs, Inflation Fears. Is the Crypto Market Recovering?
Russia’s central bank interest rate has been raised to 20% in an effort to keeping inflation fears in check. All this follows major Russian asset freezes by Western allies and a partial block from SWIFT. On the other hand, crypto markets are in the green today while traditional markets haven’t been performing as well. In this video, I share my opinions on some of these developments and what I think about the future of crypto especially Bitcoin.
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