Russia's Rebellion and Crypto Craze Shake Global Markets.
TL;DR Summary
Russians turned to cryptocurrency, particularly Tether, during the brief Wagner rebellion as the dollar-value of trades between the ruble and tether surged to nearly $15 million. This trend is not new as people often buy cryptocurrency during times of political or economic instability in their home countries.
- Russians Sought Crypto During Brief Wagner Rebellion The Wall Street Journal
- What's next for stock market after aborted Wagner mutiny weakens Russia's Putin MarketWatch
- Oil Climbs As Russia Crisis Rattles Global Energy Markets TheStreet
- Russia’s Revolt Has Made the Fed’s Inflation Fight Even Harder. Here’s Why. Barron's
- WTI looks well supported around $69.00 as Moscow vs. Mercenary clash fuels supply risks FXStreet
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