{"id":25166,"date":"2025-07-08T12:52:00","date_gmt":"2025-07-08T09:52:00","guid":{"rendered":"https:\/\/forklog.com\/en\/cryptocurrency-turnover-in-russia-halves\/"},"modified":"2025-07-08T12:52:00","modified_gmt":"2025-07-08T09:52:00","slug":"cryptocurrency-turnover-in-russia-halves","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/cryptocurrency-turnover-in-russia-halves\/","title":{"rendered":"Cryptocurrency Turnover in Russia Halves"},"content":{"rendered":"

As of June 29, the average daily turnover of cryptocurrencies in the Russian market stands at $66.7 billion, compared to $140.2 billion at the beginning of 2025, marking a significant decrease. This information is reported by Vedomosti<\/a>, citing trading data.<\/p>\n

Meanwhile, the industry’s capitalization shows positive dynamics despite price corrections. In 2024, it grew by 97.7% to $3.4 trillion. Over the past five years, it has surged 26-fold. According to CoinGecko, the annual trading volume during the same period increased tenfold to $18.4 trillion.<\/p>\n

Globally, the crypto market remains an energy-intensive sector of the economy. According to estimates by the U.S. Energy Information Administration, the costs of cryptocurrency mining account for about 0.6\u20132.3% of the country’s total consumption and continue to rise.<\/p>\n

Statista analysts calculated that by the end of 2024, the operation of the Bitcoin network required 175.87 billion kWh of electricity. For comparison, Poland’s consumption is 172.17 billion kWh.<\/p>\n

Simultaneously, data from a June survey<\/a> by “BCS World of Investments” showed that only 52% of Russian qualified investors over the age of 20 have experience investing in cryptocurrencies. Another 38% plan to do so in the future.<\/p>\n

The main barriers to using cryptocurrency-linked instruments are a lack of basic knowledge, high volatility, and doubts about the security of specialized platforms.<\/p>\n

85% of respondents choose the ruble to fund their investment accounts.<\/p>\n

The study was conducted in Russian cities with populations of over 100,000. Approximately 1,500 citizens participated.<\/p>\n

Back in May, the Central Bank of Russia estimated the balances on Russian cryptocurrency wallets at 827 billion rubles<\/a>. Meanwhile, the volume of digital asset flows attributed to them increased by 51.1% from the fourth quarter of 2024 to the first quarter of 2025, reaching 7.3 trillion rubles.<\/p>\n","protected":false},"excerpt":{"rendered":"

As of June 29, the average daily turnover of cryptocurrencies in the Russian market stands at $66.7 billion, compared to $140.2 billion at the beginning of 2025, marking a significant decrease. This information is reported by Vedomosti, citing trading data. Meanwhile, the industry’s capitalization shows positive dynamics despite price corrections. In 2024, it grew by […]<\/p>\n","protected":false},"author":1,"featured_media":25165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1269,1137,52,167,27],"class_list":["post-25166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrencies","tag-cryptocurrency-mining","tag-investments","tag-research","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"56","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/25166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=25166"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/25166\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/25165"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=25166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=25166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=25166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}