The bitcoin exchange rate fell 1.3 percent on fears of another ban in China

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The bitcoin exchange rate on 28 Feb to 16:10 GMT, according Libertex, decreased by 1.3% to 10,450 thousands of $ 10,591 thousand at 18:00 GMT on 27 February. The most famous cryptocurrency in the course of today’s trading, slumped until the morning after the failed attempts to cling to the level of 11 thousand dollars.
The market capitalization of bitcoin by 16:15 Moscow time made about 177,4 billion vs billion 181,2 18:00 GMT on 27 February.
Western European stock markets in the second half of day decrease in the range of 0.5%. Traders fear that more “hawkish” comments by fed Chairman Jerome Powell signaled of tightening monetary policy of the regulator. This can lead to a significant increase in the costs due to the increased loan percentage.
Index Masuri to 16:05 was down in the correction from the start of trading on 1.5% to 2307 points, we expect that in the next session, the indicator will fluctuate in the range 2250-2363 points. The RTS index was reduced by 1.5% to 1,291 points on these trades is likely to fluctuate in the corridor 1255-1325 points.
The dollar by 16:02 GMT add 0,03% to the ruble to 56,29 ruble, while the Euro declined 0.1 percent to 68.8 rubles. In the next session, the U.S. currency will fluctuate in the range of 55.8-56.8 per ruble, the Euro will remain in the range of 68.2-69.4 ruble.
As for bitcoin, it remains near the key level of 10 thousand dollars and is not yet ready to leave him in any direction.
From the news it is interesting to note the efficiency of Russian government agencies. The draft law on digital assets is to be submitted to the state Duma for several days, told reporters Deputy Finance Minister Alexei Moiseev. The bill defines cryptocurrency as property in the electronic form, and sets up a special procedure carried out on the territory of the Russian Federation of transactions with cryptocurrency. However, the use of cryptocurrencies in Russia as a means of payment document is not assumed.
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Ivan Marchena,
Analyst
Forex Club