Loot’in Putin: Russia Could Order Seizure Of Personal Funds From It’s Citizens Bank Accounts, Bitcoin Fixes This​

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.


Disclaimer: The information above does not constitute investment, financial, trading or any other sort of advice and you should not treat any of the content on this site such. We do not recommend the purchase, sale, or holding of any cryptocurrency or other product. None of our content should be deemed as an offer to purchase, sell, or hold a cryptocurrency or other product or service. Please consider doing your own research and prioritize consulting a certified financial professional before making any investment decisions.