Ruble is set to fall by 50% crypto markets have not yet realized this
1 min read
According to unofficial over the weekend exchange rates Russian ruble is down by about 50%.
Analysis by Paul Sonne from Washington Post.
“Russian bank Tinkoff now offering to exchange rubles for dollars at a rate of 171 rubles per dollar. It was 83 before the European/US announcement about targeting the Russian central bank. Currency market formally opens tomorrow. This is brutal. “
According to coinmarketcap crypto has not yet realized this, and Bitcoin trades at the same price to RUB as usual. Even as Tether shows the drop.
Of course CMC can just be broken and not show the actual ruble/BTC rate. But be careful out there, and selling any crypto for ruble might be a really bad idea.
Of course if you have Rubles and any exchange still takes them, it might be a really good idea to switch to crypto, before the market wakes up 🙂
submitted by /u/4745454B
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