May 4, 2026

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Bitcoin Deflated Like a ‘Soap Bubble’: Russian Economy Minister

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bitcoin Deflated Like a ‘Soap Bubble’: Russian Economy Minister

Russian Economic Development Minister Maksim Oreshkin has stated that while bitcoin has deflated like a “soap bubble,” it has impacted the world positively by boosting investment in new technologies. Speaking to the media on Wednesday at Russia Calling, an investment forum organised by VTB Capital, Oreshkin said that despite the woes of the crypto market,

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