Many Russian analysts advise investing in bitcoin as the ruble continues to lose market positions. BTC has soared to 1.213 million rubles against the Russian currency today.
In dollar terms, the Bitcoin exchange rate is now at its highest level since early January 2018 ($15,500).
As early as November 2, the BTC held around RUB 1 million, and on the night of November 6, the crypt currency exceeded RUB 1.2 million.
The Ukrainian hryvnia also collapsed record-breakingly towards Bitcoin News Trader. At the time of publication of this material, the largest digital currency was traded in the area of 424 377 hryvnia.
AMarkets analyst Artem Deyev recently stated that bitcoin is more promising than the Russian ruble. According to his forecasts, the attractiveness of the crypt currency in the world market will continue to grow, which will lead to the fact that BTC will periodically update the highs.
The strengthening of the Bitcoin exchange rate has led to increased interest in this tool among Russian Internet users. The number of queries in the Google search engine started to grow on 4 November, when the crypt-currency price rose to $14,000.
Chechnya, Khakassia and the Irkutsk Region topped the ranking of regions by the largest number of queries related to the crypt-currency in the last seven days.