The crypto market witnessed a second serious plunge in the last three days after Russian forces launched missile strikes on Ukraine’s capital Kyiv and crossed the country’s northern and southern borders in the early morning today.
Bitcoin went down by 11% to $34,472 minutes after the air raids and explosions targeted Ukrainian cities. The leading crypto later corrected and sits at around $35,100 at the time of writing.
Ethereum dropped even harder and lost more than 15% of its value within the past 12 hours as it dropped to levels. It regained value to $2,380 an hour later, but still is in the biggest lows since January 24.
The global cryptocurrency market lost 8.41% within the past 24 hours and is $1.59 trillion. Asian stock markets and the United States futures reacted accordingly with the sharp declines. Crude oil hit $100 a barrel already.
War Against Democratic West
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