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BTC

Moscow Exchange Launches Bitcoin Index Using Major Crypto Platforms Data

Beginning June 10th, the Moscow Exchange will introduce a Bitcoin index. This index will be calculated using data from perpetual futures and swaps related to the BTC/USDT pair from platforms such as Binance, Bybit, OKX, and Bitget. The index will reflect a weighted average of prices, with weights determined by trading volumes and subject to quarterly review.
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AI Analysis

The introduction of a Bitcoin index by the Moscow Exchange signifies an important step towards integrating cryptocurrencies into mainstream financial instruments within Russia. By utilizing data from ...

AI Recommendation

Investors and market participants should monitor how this new index impacts Bitcoin trading and prices within Russia. As it is based on reputable global platforms, it could enhance market transparency...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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