Copy-paste | Bitcoin is in no hurry to gain popularity in Russia

Interest in bitcoins in Russia remains low against the backdrop of stabilization of the ruble and improvement in inflationexpectations.

LocalBitcoins and Google don't lie

According to the analytical service CoinDance,Over the past week, the trading volume of bitcoins (BTC) paired with the ruble on the LocalBitcoins platform increased to 620 million rubles (about $10 million), moving away from the annual minimums recorded a week earlier at the level of 610 million rubles. Despite the slight improvement, demand for cryptocurrency in Russia remains low, and trade volume has been steadily declining since June 2019, when the annual high was recorded at 1.29 billion rubles.

Source: CoinDance

Bitcoins are most often bought and soldfor cash in Samara and Yekaterinburg. According to LocalBitcoins statistics. In these cities, over 500 advertisements were posted for the purchase and sale of cryptocurrency for cash.

Statistics show similar dynamicssearch queries with the keyword “bitcoin”. According to the Google Trends analytical service, after a slight surge in search activity at the end of October, the interest of Russian Internet users in information related to Bitcoin and cryptocurrencies in general decreased significantly, returning to the levels at the beginning of the year.

Continued via the link: https://beincrypto.ru/bitkoin-ne-speshit-nabirat-populyarnost-v-rossii/