Amid last year’s macroeconomic chaos, inflation in Brazil and Russia, which CryptoCompare groups with other emerging economies, reached 11.9% and 17.2%, respectively. About the time of these highs, Russian ruble (RUB) and Brazilian real (BRL) volumes on Binance increased 232% and 72%, respectively.
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The protocol's rejuvenation is driven by elevated perpetual funding rates, with more catalysts ahead for growth. Credit: Source link
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