I was a bit surprised after seeing Russia's Central Bank's recent report. They highlighted Bitcoin as the worst-performing asset for ruble investors this year. In the Financial Market Risk Review, they compared Bitcoin to stocks, gold, and US bonds.



I had seen Bitcoin reach $126,000 in October, but in ruble terms, it didn't reach that level. According to data from Russia's Central Bank, the return of Bitcoin in ruble value was negative last year. However, in the long term, Bitcoin remains the second-best performer after gold, with gains exceeding 100%.

Interestingly, until September, Bitcoin was among the top assets. But now, in Russia's Central Bank's assessment, it appears the weakest. Such evaluations depend heavily on currency influence and the dynamics of the local market.
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