Mobius Capital Founder Explains Why Bitcoin Is Rallying Amid Russia-Ukraine War – Markets and Prices Bitcoin News

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Mobius Capital Founder Explains Why Bitcoin Is Rallying Amid Russia-Ukraine War – Markets and Prices Bitcoin News
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“I would say that’s the reason why bitcoin is showing strength now because the Russians have a way of getting money out.” crypto cryptocurrency $BTC

Mark Mobius on Why Bitcoin’s Price Is Rising

Prior to starting his own company, Mobius was executive chairman of Templeton Emerging Markets Group. He joined Templeton in 1987 where he managed more than $50 billion in emerging markets portfolios. He founded Mobius Capital Partners in March 2018.is rallying. “I would not be a buyer,” he replied but noted, “If I was a Russian, I would be a buyer.”

Mobius added: “If they can pay with bitcoin. Of course, that’s an avenue to get money out of Russia.” He continued:

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