Bitcoin rose above $ 45,000 on Friday
The ECB's governor has voiced concern that cryptocurrencies are already being used to avoid sanctions imposed on Russia.
On Friday, the price of bitcoin surpassed USD 45,000 (EUR 40,901.65). (March 25). She was bolstered by news that Russia was considering taking the most well-known and largest cryptocurrency in payments for oil and gas exports. TASR will notify it based on the AFP story.
Only for the third time, this year has the price of bitcoin surpassed this psychologically and technically significant milestone, and it remains significantly behind the November 2021 peak levels.
According to reports on Thursday (March 24), Russia is considering selling oil and gas in bitcoins to friendly countries.
On Wednesday (March 23), Russian President Vladimir Putin declared that Russia will require "enemy" countries to pay for gas supplies in rubles, adding to the market's uncertainty. This proposal has previously been denied by the European Union (EU).
The European Commission's chief, Ursula von der Leyen, claimed that Russia is attempting to bypass European Union sanctions by taking this action, which Brussels would not tolerate. "We will never longer be blackmailed by energy," she declared.
The chairman of Russia's Duma Energy Committee, Pavel Zavalny, stated on Thursday that Russia wants to be more flexible when it comes to paying for energy with "friendly" countries like China and Turkey. The yuan and the ruble.
In Turkey's case, it will be the lira and the ruble. Payments might also be made in bitcoins, according to Zavanyj.
"Although these claims have pushed up the price of bitcoin, some questions remain irresponsible," Swissquote analyst Ipek Ozkardeskaya said.
"Bitcoin is not tolerated in China." Will it reconsider purchasing cheap Russian oil?" Ozkardeskaya also thinks that the West will "tolerate Russia's sanctions evasion."
Christine Lagard, the president of the European Central Bank (ECB), expressed worry this week that cryptocurrencies were already being used to bypass sanctions on Russia. She is mainly concerned about the big amount of rubles traded for crypto activities.
According to CoinMarketCap, bitcoin was sold for $ 44,234.83 at a loss of 0.62 percent (within 24 hours) on Saturday afternoon at 4.30 pm CET.
