A representation of bitcoin is displayed in front of Russian flags in this picture illustration taken March 4, 2022. Photo: Reuters
Staying power of bitcoin as safe haven facing test in wake of Russia’s attack on Ukraine
- FTX said it is not easy to use cryptocurrency to evade sanctions, and the data seems to support that, with rouble-denominated crypto activity significantly down
- While bitcoin for part of the week decoupled briefly from its usual act of mirroring stocks, some suggested that trend may not last
A representation of bitcoin is displayed in front of Russian flags in this picture illustration taken March 4, 2022. Photo: Reuters
