Russia’s largest bank has secured a license and joined the central bank’s list of crypto exchange operators. BTC and ETH conversions are set to launch on December 1. There’s a gap between the policy taking effect and the official launch, and regulatory tailwinds are usually priced in by the market ahead of time. Among major cryptocurrencies, ETH tends to be more sensitive to this kind of news.
Current prices: BTC $83,450 (24h +1.0%), ETH $2,511 (24h +0.8%). From an event-driven perspective, the period between the announcement and the December 1 launch is when market sentiment could build. For ETH, watch whether support holds around $2,500; for BTC, watch whether it can stay above $83,000. A break below those levels would suggest the event-driven momentum is fading.#BTC #ETH
Current prices: BTC $83,450 (24h +1.0%), ETH $2,511 (24h +0.8%). From an event-driven perspective, the period between the announcement and the December 1 launch is when market sentiment could build. For ETH, watch whether support holds around $2,500; for BTC, watch whether it can stay above $83,000. A break below those levels would suggest the event-driven momentum is fading.#BTC #ETH