Recently, Russia’s invasion of Ukraine negatively impacted relatively risky assets such as Bitcoin and altcoins, and cryptocurrencies fell sharply. On the other hand, safe-haven assets such as gold have started to rise and even an ounce of gold has risen to record levels in the last eight months. This started to improve over the weekend and BTC and altcoins rebounded. However, it is seen that the latest developments in the Russia and Ukraine crisis have also had an impact on the market. As Kriptokoin.com, we are providing the details…
New claim against Russia and Ukraine
Media outlet UK Times reported on Monday, “More than 400 Russian mercenaries, the Kremlin’s attack on President Zelenskyy and his government. “It operates in Kiev with orders to assassinate it and lay the groundwork for Moscow to take control.” “The Wagner Group, a private militia group led by one of President Putin’s closest allies and operating as an arm of the state, flew out of Africa with mercenaries five weeks ago in exchange for beheading the Zelenskiy government and in exchange for a nice financial bonus,” the media outlet said. used the expressions. Also included in the report are the following statements:
Information about their mission reached the Ukrainian government on Saturday morning, and hours later Kyiv declared a 36-hour curfew in the city to find the Russian saboteurs. He warns civilians that they could be seen as Kremlin agents and risk ‘purge’ if they go out.
How have bitcoin, gold and markets reacted? While the US dollar
emerged as a clear winner, investors remain on the sidelines digesting the above headlines as there is no appetite for riskier assets like Bitcoin and altcoins. Although Bitcoin has risen to $ 39,000 over the past day, it has retreated to $ 38,000. The overall cryptocurrency market value fell 1.7 percent to $1.8 trillion. Meanwhile, the price of an ounce of gold has been on the rise, selling for $1,900 while being bought at $1,899 at the time of writing. Gram gold changes hands at 843 liras.
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