# This Bitcoin “Rally” Is Fake News

By [RapidEmu](https://paragraph.com/@rapidemu) · 2022-05-10

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Last week Bitcoin rallied over 15%, leading a host of industry “experts” to claim that the surge was due to Russians buying cryptocurrency in the face of increasing economic sanctions from the international community.

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*Originally published on [RapidEmu](https://paragraph.com/@rapidemu/this-bitcoin-rally-is-fake-news)*