Russian Investments Soar as Uncertainty Drives Crypto & Gold Demand

Since 2022, Russian citizens have significantly increased their investments in both cryptocurrencies and precious metals, according to a nationwide consumer finance survey by the Central Bank of Russia. This surge comes amid heightened uncertainty surrounding global markets, particularly for crypto assets. While experts anticipate continued growth in gold prices, they remain cautious about predicting future cryptocurrency market trends. 2024 saw a threefold increase in Bitcoin investments, but also notable growth in traditional asset classes such as precious metals and real estate.