Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K – Markets and Prices Bitcoin News

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Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K – Markets and Prices Bitcoin News
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Data shows that bitcoin ruble pairs saw a significant premium on February 28, jumping 16% higher than the global average.

“The activity was concentrated on Binance,” Kaiko analyst Clara Medalie told the reporter. “Bitcoin-Ukrainian hryvnia volume has also spiked, but not as high as October levels. BTC-UAH only trades on [two] exchanges – Binance and Localbitcoin.com,” Medalie added.In addition to the BTC-RUB volume increase, bitcoin has seen a premium in contrast to the recorded global average prices. Currently, via Sberbank transfers, Localbitcoins.com traders are selling bitcoin for 3.

The all-time high premium was $7,853 higher than the global average on Monday and BTC-RUB premiums are $6,797 lower, but still higher than the global average at the time of writing. Bitcoin.com News

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