Bitcoin Surges as Sanctions Bite Russia’s Ruble. Traders Eye China PMI, RBA Decision

Bitcoin Surges as Sanctions Bite Russia’s Ruble. Traders Eye China PMI, RBA Decision https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2022/03/01/Bitcoin-Surges-as-Sanctions-Bite-Russias-Ruble-Traders-Eye-China-PMI-RBA-Decision.html Bitcoin led cryptocurrencies higher as western sanctions bite down on Russian banks and the Ruble, providing a possible haven from sanctions. Chinese PMI data and an RBA rate decision are on deck.

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Bitcoin Surges as Sanctions Bite Russia’s Ruble. Traders Eye China PMI, RBA Decision

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