🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
Critical Bitcoin (BTC) Statement Came from Russian Finance Minister!
Yesterday, Russia, which imposed a 6-year ban on cryptocurrency mining in 10 regions, made a move on Bitcoin (BTC).
According to Reuters, Finance Minister Anton Siluanov said that Russia has started using Bitcoin in foreign trade.
Russian Finance Minister Anton Siluanov said that after the implementation of legal regulations against Western sanctions, Russian companies have started using Bitcoin and other digital currencies in international payments.
Siluanov said the following in an interview with Russia 24 television:
Siluanov noted that this move aims to bypass Western sanctions and increase financial independence, and added that Russia will conduct more transactions in digital currencies.
The western sanctions imposed following Russia's occupation of Ukraine are making it difficult for Russia to trade with important partners such as China or Turkey. Local banks are being extremely cautious in transactions related to Russia to avoid scrutiny by Western regulators.