Ukraine Bitcoin Trading at 6% Premium as Russia-Ukraine Conflict Intensifies

Mar 1, 2022

In today’s “Chart of the Day” segment, Christine Lee presents a chart from Kaiko showing bitcoin trading at a 6% premium on Binance’s Ukrainian hryvnia market, compared to bitcoin’s price in the U.S. dollar market following Russia’s invasion of Ukraine. Kaiko research analysts reveal that demand surged on Binance as local Ukrainian currency markets faced significant disruptions.