Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Crypto could be the answer for Russia to evade the sanctions.
Bitcoin and other digital coins could allow governments to benefit from peer-to-peer transactions regardless of whether the move to block Russia’s access to capital succeeds.
Russia accounts for 11.2% of Bitcoin’s total hashrate.
Bitcoin donations are also being funneled to Ukrainian forces as the crisis intensifies.
My price target is $47100.
Looking forward to read your opinion about it.
