• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin in Russia for Oil Trade vs. Investment Outflows in the USA

user avatar

by Giorgi Kostiuk

7 hours ago


Bitcoin plays a dual role in the global economy. In Russia, it helps circumvent sanctions, while in the USA, investors worry about instability.

How Russia Uses Bitcoin to Circumvent Sanctions

Russian oil companies found a way to sell oil to China and India using cryptocurrencies like Bitcoin, Ethereum, and Tether, thus continuing trade despite Western sanctions.

Investment Outflows from Bitcoin ETFs in the USA

Despite high prices, U.S. investors are withdrawing funds from Bitcoin ETFs, with $870 million in outflows over the last week, linked to economic instability and global events.

Connecting These Two Stories

Bitcoin demonstrates its versatility as both a tool for international trade and an investment asset. In Russia, it solves practical problems, while in the USA, it shows volatility and investor uncertainty.

These events highlight Bitcoin's dual nature: as a means for international trade and an investment tool. Its significance is growing at the intersection of geopolitics and finance.

0

Share

Other news

TRUMP Slumps 21%: Crypto Market Faces Challenges

Official TRUMP price fell 21%, and Bittensor (TAO)'s future is uncertain amid market volatility and Bitcoin's downturn.

user avatarGiorgi Kostiuk

a few seconds ago

Solana Futures Debut on CME: A New Phase for Cryptocurrency

Solana begins futures trading on CME, paving the way for a potentially anticipated ETF.

user avatarGiorgi Kostiuk

a minute ago

CAKE Deflation: Token Reduces Supply with Potential Price Increase

CAKE continues to reduce supply, indicating a potential price increase. Analyzing current trends and technical levels.

user avatarGiorgi Kostiuk

a minute ago

Paul Atkins' Appointment: A Beacon for Ripple in SEC Dispute?

XRP supporters believe Paul Atkins as SEC Chair may shift the tides in the Ripple case, due to his pro-crypto approach.

user avatarGiorgi Kostiuk

2 minutes ago

Nvidia's Latest AI Advancements and Their Impact on Market Fluctuations

At GTC 2025, Nvidia revealed new AI advancements, strengthening its industry position.

user avatarGiorgi Kostiuk

2 minutes ago

Qubetics and its Role in Transforming the Crypto Market by 2025

Discover how Qubetics is transforming the crypto market with real asset tokenization.

user avatarGiorgi Kostiuk

5 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.