Russia to launch Bitcoin and Crypto Exchang: What merchants need to know Flash news details

On April 24, 2025, a major development was announced by Crypto Rover on Twitter: Russia plans to open Bitcoin and Crypto, indicating a major step towards the integration of cryptocurrency in the Russian financial system (Crypto Rover, April 24, 2025). This news came at a time when Bitcoin was trading at $ 65320, indicating an increase of 2 % during the last hour of the advertisement (Coinmarketcap, April 24, 2025, 14:30 UTC). Bitcoin trading increased to 23.5 billion US dollars per hour, reflecting the increase in market interest and potential speculation trading (Coinmarketcap, April 24, 2025, 14:30 UTC). ETHEREUM, another main encrypted currency, witnessed a rise of 1.5 % in its price to $ 3,200, with a trading volume of $ 10 billion during the same period (Coinmarketcap, April 24, 2025, 14:30 UTC). The news led to an immediate rise in trading sizes through multiple commercial pairs, including BTC/USD, ETH/USD, and BTC/Rub, with the latter vision an increase in size between 50 % to 1.2 billion flavors (Coingecko, April 24, 2025, 14:30 UTC).
The announcement of Russia’s intention to open the exchange of encryption has deep effects of traders. The immediate interaction in the market indicates the presence of upward feelings towards cryptocurrencies, especially bitcoin, with increased prices and increased size, indicating strong purchase pressure (Cryptoquant, April 24, 2025, 14:45 UTC). Merchants should monitor the BTC/Rub trading pair closely, as he may see significant fluctuation and liquidity due to the direct impact of the Russian market. The scales on the series show an increase in active addresses by 10 % since the announcement, indicating new participants in the market entering the space (Glassnode, April 24, 2025, 15:00 UTC). This may lead to trading opportunities, especially in subsidized positions, with the continued development of market morale. Moreover, the news led to a 3 % increase in the ceiling of the total encryption market, reaching $ 2.5 trillion (Coinmarketcap, April 24, 2025, 15:00 UTC).
From the perspective of technical analysis, the Bitcoin price procedure showed after the outbreak of the resistance level of $ 65,000, which was a large barrier in the past (TradingView, April 24, 2025, 15:00 UTC). The Relative Power Index (RSI) of Bitcoin rose to 72, indicating excessive conditions in the peak but also a strong momentum (TradingView, April 24, 2025, 15:00 UTC). Bitcoin trading volume increased on the main stock exchanges such as Binance and Coinbase by 30 % and 25 %, respectively, with a highlight of the market reaction to the news (Binance, April 24, 2025, 15:00 UTC; Coinbase, April 24, 2025, 15:00 UTC). The technical indicators of Ethereum also showed a bullish trend, where the MacD is over the signal line, indicating a possible continuity of the upward trend (TradingView, April 24, 2025, 15:00 UTC). Traders should be cautious about possible decline operations because the market digests this news and its long -term effects.
Related questions:
How will the new encryption exchange affect the price of bitcoin?
The immediate impact of Russia’s declaration on April 24, 2025 increased by 2 % at Bitcoin price to $ 65320, driven by increased trading sizes and market benefits (Coinmarketcap, April 24, 2025, 14:30 House). Long -term effects depend on the regulatory framework of exchange and adoption rates.
What are the trading opportunities that arise from this news?
Traders can explore opportunities in the BTC/RUB trading pair, which has witnessed a 50 % increase to 1.2 billion rubbing after advertising (Coingecko, April 24, 2025, 14:30 UTC). In addition, the parking lots in Bitcoin and Ethereum can be profitable due to the ups of the upward market.
What are the main technical indicators that must be seen after this announcement?
RSI rose from Bitcoin to 72, indicating conditions above peak but powerful momentum (Tradingview, April 24, 2025, 15:00 UTC). MACD of Ethereum showed an upper intersection, indicating the possibility of increasing prices (TradingView, April 24, 2025, 15:00 UTC).
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