Cryptos Rise as Russia Mulls Bitcoin for Oil Payments; Dogecoin Rallies

Cryptos Rise as Russia Mulls Bitcoin for Oil Payments; Dogecoin Rallies

Russia’s announcement contributed to a spike in BTC above $44,000, although cryptos were already tracking upside moves in equities earlier in the New York trading day. Still, traditional safe-haven assets, such as gold and the U.S. dollar, also rose on Thursday, suggesting some caution among global investors.

Originally Posted on: https://www.coindesk.com/markets/2022/03/24/market-wrap-cryptos-rise-as-russia-mulls-bitcoin-for-oil-payments-dogecoin-rallies/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Damanick Dantes, Angelique Chen

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