Crypto Market Sees Growth as Bitcoin Hits $81K
The cryptocurrency market has seen significant growth in recent times, with Bitcoin surpassing $81K. This development is part of a broader trend that has seen altcoins also experiencing increased activity.
One of the key events of the week was the launch of a fund for Zcash, which saw the coin fall by 8% after its debut on the market. The fund's shares also ended their first trading day in the red.
The introduction of the digital ruble at major companies is set to begin from September 1, with 'Magnit' and MTS being among the first participants to offer access to operations with the new digital form of the national currency. This move has been seen as a significant step towards mainstream adoption of cryptocurrencies.
The US has also imposed sanctions on a UAE company linked to Iran's $100 million crypto payments, highlighting the growing scrutiny of cryptocurrency transactions by regulatory authorities.