Russian Central Bank Labels Bitcoin Most Loss-Making Asset in November for Ruble Investors

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The Bank of Russia’s latest 'Financial Market Risk Review' labeled Bitcoin the most loss-making asset in November for ruble investors, with a -19.9% return. The report compared Bitcoin to Russian stocks, gold, and U.S. bonds, noting that ruble investors fared worse in all periods. Despite hitting $126,000 in October, Bitcoin failed to maintain gains in ruble, euro, and Swiss franc terms. Over 12 months, it lost 31.9%. While Bitcoin remains a top performer since 2022, the report highlights growing regulatory scrutiny, including CFT measures and upcoming MiCA rules in the EU.
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