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Week in Review: Bitcoin volatility and Russia clarifies crypto’s status

Week in Review: Bitcoin volatility and Russia clarifies crypto’s status


Week in Review: Bitcoin volatility and Russia clarifies crypto’s status

Bitcoin swings; Russia recognizes crypto as subject to theft; ESMA warns on MiCA.

Bitcoin rode a roller coaster, Russia recognized digital assets as property subject to theft, the EU regulator reminded businesses about MiCA, and other developments from the week.

Bitcoin returned to $64,000

Early in the week, the price of the digital gold jumped from near $64,000 to a local high of $67,278 (on Binance). Reports of a truce between the U.S. and Iran were the main catalyst for the move.

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Hourly BTC/USD…

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