Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n
Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
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