The Bank of Russia has identified Bitcoin as the most loss-making asset for ruble investors in November, according to its latest 'Financial Market Risk Review'. The report compared Bitcoin's performance with other assets, including Russian stocks, gold, and U.S. government bonds. Despite Bitcoin reaching a historical high of over $126,000 in October, it did not achieve similar peaks in several currencies, including the ruble. In November, Bitcoin's return in ruble terms was -19.9%, marking it as the worst-performing asset for the month, the start of 2025, and the past year. However, since 2022, Bitcoin remains the second most profitable asset after gold, with a gain exceeding 100%.
Russian Central Bank Reports Bitcoin as November's Least Profitable Asset for Ruble Investors
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
