Ah, ok. I though it was very big, just after China...
So is there links between the two events, Ruble fall and bitcoin fall ?
What I heard is Ruble is falling because petrol price is falling and Europe want to decresase their trades with Russia.
But I didn't find information about the bitcoin fall, do we know why is it falling ?
Thanks in advance.
Russian economy and oil are well connected, lower oil price is not in the benefit of Russia.
I think oil takes probably 20to30% of their total economy, so imagine what will happen if the oil price stays this low.
As far as Bitcoin goes, I think it's the lower difficulty that causes the price to go down.
Miners have more income due to lower difficulty thus there are more coins on the market.