Russia Vs Ukraine War will affect Cryptocurrency Investors drastically.
Russia's attack on Ukraine, crypto industry insiders have
warned that digital assets may have further to fall and argued that a bottoming
in stocks could be taken as a buy signal for crypto. We also see a big decline
in the share market, and people now feel worried about the future.
The crypto market saw a broad recovery Friday morning in
Europe, as more observers touted crypto assets' role as censorship-resistant
money in the face of Russia’s invasion of Ukraine.
Friday, bitcoin (BTC) was up
nearly 10% for the past 24 hours, trading at USD 38,926. At the same time, Ethereum (ETH) was up more than 12%, trading
at USD 2,684. The two most valuable cryptos remain down by 4% and 7%,
respectively, over the past week.
The gains for the crypto market today came after nearly all risk assets fell sharply yesterday as Russia launched a full-scale attack on Ukraine.
But we will hope good for on both markets on Saturday. Russia vs. Ukraine dispute will harm everyone in every manner. Friday, bitcoin (BTC) was up nearly 10% for the past 24 hours, trading at USD 38,926. At the same time, Ethereum (ETH) was up more than 12%, trading at USD 2,684. The two most valuable cryptos remain down by 4% and 7%, respectively, over the past week.
We will only hope for good tomorrow. All of us together now only hope that how soon this dispute will be resolved and everything becomes normal again so that the people of both the countries can live their life in peace and this dispute will end.
(ThankYou)