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The surge immediately after the central bank’s decision to prohibit the transfer of currencies abroad for residents
by Vito Lops
The key points
- A historic day
- The logic of the founder
- Who pushed the quotes
- The currency for donations
What happened to the Bitcoin price starting at 3pm in Italy, 5pm in Moscow? A sudden “pump” worth over $ 3,000 (about 10%) with the price reapproached in the area of 41,000 dollars. Very strange, because it all happened while the volatility of Wall Street, measured by the Vix index (with which Bitcoin recently showed a strong inverse correlation) rose by 7 percent.
It is difficult not to connect the strong movement to what is happening in Russia and to the decision taken in it …