{"id":58412,"date":"2022-02-28T14:54:25","date_gmt":"2022-02-28T12:54:25","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58412"},"modified":"2025-09-04T16:40:06","modified_gmt":"2025-09-04T13:40:06","slug":"kaiko-bitcoin-trading-volume-in-btc-rub-pair-rises-amid-ukraine-invasion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kaiko-bitcoin-trading-volume-in-btc-rub-pair-rises-amid-ukraine-invasion\/","title":{"rendered":"Kaiko: Bitcoin trading volume in BTC\/RUB pair rises amid Ukraine invasion"},"content":{"rendered":"<p>Against the backdrop of global sanctions against Russia over its invasion of Ukraine, trading volume in the BTC\/RUB pair rose to a nine-month high of 1.5 billion rubles. <a href=\"https:\/\/www.coindesk.com\/markets\/2022\/02\/28\/ruble-denominated-bitcoin-volumes-surges-to-9-month-highs\/\">CoinDesk<\/a>, citing analytics firm Kaiko.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"545\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/btc-rub-1024x545.png\" alt=\"Kaiko: Bitcoin trading volume in BTC\/RUB pair rose amid Ukraine invasion\" class=\"wp-image-166583\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/btc-rub-1024x545.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/btc-rub-300x160.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/btc-rub-768x409.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/btc-rub.png 1292w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: <a href=\"https:\/\/www.coindesk.com\/markets\/2022\/02\/28\/ruble-denominated-bitcoin-volumes-surges-to-9-month-highs\/\">CoinDesk, Kaiko<\/a>.<br \/><\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abActivity [traders] is concentrated on Binance. The trading volume of the BTC\/UAH pair has also risen, but not as much as in October. BTC\/UAH trades on only two exchanges \u2014 Binance and LocalBitcoins\u00bb, \u2014 Kaiko said.<\/p>\n<\/blockquote>\n<p>The company stressed that a similar trend is observed in pairs with the stablecoin Tether (USDT). According to Kaiko, on February 24, the trading volume of the USDT\/RUB pair reached an eight-month high of 1.3 billion rubles.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"790\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/usdt-rub-1024x790.png\" alt=\"Kaiko: volume of trading USDT\/RUB rose amid Ukraine invasion\" class=\"wp-image-166584\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/usdt-rub-1024x790.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/usdt-rub-300x231.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/usdt-rub-768x592.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/usdt-rub.png 1400w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: <a href=\"https:\/\/www.coindesk.com\/markets\/2022\/02\/28\/ruble-denominated-bitcoin-volumes-surges-to-9-month-highs\/\">CoinDesk, Kaiko<\/a>.<br \/><\/figcaption><\/figure>\n<p>Kaiko analysts say that the sharp rise in trading volume occurred as investors sought to shed ruble-denominated deposits. They say traders fear tightening sanctions.<\/p>\n<p>An increase in ruble-denominated trading volume may also be linked to the ruble&#8217;s slide. Last week the ruble fell by more than 8%.<\/p>\n<p>On February 28, after the market opened, the Moscow Exchange <a href=\"https:\/\/t.me\/forklog\/24268\">\u0443\u0441\u0442\u0430\u043d\u043e\u0432\u0438\u043b\u0430<\/a> a cap on currency rates at 90 rubles per dollar and above 101 rubles for the euro. The corridor was later widened.<\/p>\n<p><script async src=\"https:\/\/telegram.org\/js\/telegram-widget.js?15\" data-telegram-post=\"forklog\/24270\" data-width=\"100%\"><\/script><\/p>\n<p>Earlier, Grayscale analysts noted that the volatility of Bitcoin could present a good buying opportunity for long-term investors.<\/p>\n<p>The founder and CEO of the BTC.TOP pool, Jiang Zhuoer, said that disconnecting Russia from <span data-descr=\"international interbank system for transmitting information and making payments\" class=\"old_tooltip\">SWIFT<\/span> would positively affect the digital-asset market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Against the backdrop of global sanctions against Russia over its invasion of Ukraine, trading volume in the BTC\/RUB pair reached a nine-month high of 1.5 billion rubles.<\/p>\n","protected":false},"author":1,"featured_media":58413,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1165,27,16],"class_list":["post-58412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-digital-ruble","tag-russia","tag-ukraine"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=58412"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58412\/revisions"}],"predecessor-version":[{"id":58414,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58412\/revisions\/58414"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/58413"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=58412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=58412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=58412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}