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Which tokens are worth getting after SWIFT gets banned in Russia?

By: Invezz

Some Russian banks will be excluded from the international payments system known as SWIFT.

Bitcoin BTC/USD, Ethereum ETH/USD, Bitcoin Cash BCH/USD, and Litecoin LTC/USD are solid cryptocurrency token options that can serve as an alternative to using SWIFT. 

Should you buy Bitcoin (BTC)?

On February 28, 2022, Bitcoin (BTC) had a value of $38,372.16.

The all-time high value of Bitcoin (BTC) was on November 10, 2021, when it reached a value of $69,044.77.

When we go over its performance last month, Bitcoin (BTC) had its highest point on January 2, 2022, when the token reached a value of $47,730.23, while its lowest point was on January 24, when the token saw a decrease in value of $33,495.91. 

This marked a decrease of $14,234.32 or 30%. Since then, BTC has increased in value by $4,876.25 or by 14%.

With this in mind, we can expect BTC to reach $40,000 by the end of March 2022.

Should you buy Ethereum (ETH)?

On February 28, 2022, Ethereum (ETH) had a value of $2,635.87.

The all-time high value of Ethereum (ETH) was on November 10, 2021, when it reached a value of $4,878.26.

Discussing last month’s performance of Ethereum (ETH), its highest point was on January 4 at a value of $3,874.34, while its lowest point was on January 24 when it decreased to $2,199.92. This marked a decrease of $1,674.42 or 43%.

Since then, however, ETH has increased by $435.95 or by 20%.

With this in mind, ETH can reach $2,900 by the end of March 2022.

Should you buy Bitcoin Cash (BCH)?

On February 28, 2022, Bitcoin Cash (BCH) had a value of $310.65.

The all-time high value of Bitcoin Cash (BCH) was on December 20, 2017, when it reached a value of $3,785.82.

Going over its performance throughout the previous month, Bitcoin Cash (BCH) had its highest point on January 2, when it reached $450.65. Its lowest point was on January 24, when it decreased to $264.98. 

This marked a decrease of $185.67 or 41%.

However, since then, BCH has increased by $45.67 or by 17%.

With this in mind, we can expect BCH to reach $370 by the end of March 2022.

Should you buy Litecoin (LTC)?

On February 28, 2022, Litecoin (LTC) had a value of $103.63.

The all-time high value of Litecoin (LTC) was on May 10, 2021, when it reached a value of $410.26.

Looking at its performance in January, Litecoin (LTC) had its highest point on January 17 at $152.95, while its lowest point was on January 24 at $99.86. This marked a decrease in value of $53.09 or 34%.

With all of this in mind, at $103.63, LTC is a solid buy as it can reach $130 by the end of March 2022.

The post Which tokens are worth getting after SWIFT gets banned in Russia? appeared first on Invezz.

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