WHY BITCOIN JUST SURGED TO $13K IN BELARUS AMID MASSIVE PROTESTS

WHY BITCOIN JUST SURGED TO $13K IN BELARUS AMID MASSIVE PROTESTS

Gate Trade News Monday, October 19, 2020 62 1

Belarus has become a hot ground of the great Bitcoin experiment as the country dwells into one of its most disturbing civil crisis.

 

Ask prices for the world’s leading cryptocurrency by market capitalization are going higher across peer-to-peer platforms. Data fetched from Paxful, a Bitcoin marketplace, show people demanding a $2,500 premium for one unit of the cryptocurrency. 

 

While the rates differ from one seller to another, the average Bitcoin price as on Friday stands near $13,000.

 

Belarus is now in the middle of a severe political and civil unrest. The country’s armed strongman Alexander Lukashenko has been sworn in as a recurring president amid ongoing mass protests against his 26-year dictate.