Oh... here we go again... the interest rates in Russia have been lowered. Now down to 20%. What does this mean? Well... in general, the ruble might weaken a bit again. Investors like it when the rate is high—they bring money into the ruble because it’s profitable. But now, if the rate is lower, it’s not so enticing... they might reach for the dollar again. Which means the dollar could rise. Sad.
And what about crypto, you ask? Well, you know... when things are shaky with the ruble and the dollar, people often run to bitcoin. Not because they’re having a good time, of course. Just because it... well, it seems... doesn’t depend on central banks. So yes—this might spark interest in crypto. But don’t expect fireworks—there will be volatility, nerves too.
For traders like us, caution won’t hurt. Such news doesn’t affect the market immediately. First panic, then a catch-up, then a correction. As usual... Ah... Everything flows, everything changes.
Well, hang in there. And don’t forget: stop-losses are your friends.
