$MON

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Total Engagement - Comments: 10, Retweets: 2, Likes: 32, Impressions: 734

Verbatim Community Citations & Social Evidence 1 source posts analyzed

@reddit

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Bitcoin and Russia Capital Outflows I agree that part of Bitcoin’s recent rise is likely tied to panic in the bond market, but I also suspect it’s connected to recent capital outflows from Russia. There’s been a short bank run driven by fears of government asset seizures. While some money is going into brokerage accounts, those assets can still be frozen or seized. I suspect some Russians are moving money into Bitcoin as a more reliable and easily transferable store of value. This is bound to have a positive long-term impact, I’ll check my buddy’s Chainalysis account to see if I can confirm this 😄

❤️ 2 likes · 🔁 0 retweets · 💬 3 comments 👁️ 200 views

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