Never before I have such high hopes and expectations for a World Cup! Hehehe…
With Russia Facing Sanctions, World Cup to Push Bitcoin Price to New Heights
Bitcoin prices could see a healthy rally as the world’s biggest sporting event, the FIFA World Cup, kicks off in two weeks. Host country Russia faces a range of economic sanctions imposed by the United States – potentially opening the door for cryptocurrency.
As a result of the economic blockade, two of the world’s biggest digital payment processors Visa and Mastercard are partially hindered during FIFA 2018, prompting consumers to turn to bitcoin as a means of payment for hotels, flights, and daily expenses. Will the bitcoin price respond to the potential increase of use at the World Cup?
Bitcoin to Score Big
Despite the sanctions, Visa and Mastercard will still process most of transactions using a range of workarounds. However, the rise in demand for bitcoin as a payment option could lead to its most significant price breakout for the year……
Click here to read more : With Russia Facing Sanctions, World Cup to Push Bitcoin Price to New Heights