Loot'in Putin: Russia Could Order Seizure Of Personal Funds From It's Citizens Bank Accounts, Bitcoin Fixes This
In the face of international political strife, during the midst of a situation that could lead to a global conflict, and at a time when the Russian ruble is tumbling so much that the government might start seizing citizens funds from banks, Bitcoin is rallying.
By Andrew Senior
March 1st, 2022
Bitcoin surged to a high of $44,256 during trading Monday evening, the highest valuation the crypto king has had in the past 39 days. Peter Schiff, CEO and chief global strategist of Euro Pacific Capital Inc. and financial commentator, recently shared his opinion on the factors behind Bitcoin’s recent gains,
Sven Henrich, founder and the lead market strategist for NorthmanTrader, opined in a series of Tweets,
Some commentators responding to Henrich’s Tweets questioned whether “BTC’s success will be its demise”, linking to Christine Lagarde, president of the European Central Bank (ECB), position to call on global lawmakers to put regulations in place in order to stop Russia from evading ongoing financial sanctions.
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