Bitcoin and altcoin market fell badly with the news from Russia. Bitcoin has been falling sharply after Russian President Vladimir Putin declared a “special military operation to demilitarize and de-Nazis Ukraine”. BTC price dropped to $ 34,300. As Kriptokoin.com, we have compiled the details for you, let’s examine the subject together…
While Russia declared war on Ukraine, Bitcoin, SHIB and altcoins crashed!
Global stock markets and cryptocurrency markets plunged after Russian President Vladimir Putin announced in a national broadcast that his army would conduct a “special military operation” in Ukraine. As the sun began to rise in Ukraine, the Russian army launched missiles at various parts of the country, including the capital city of Kiev and Kharkov. Bitcoin (BTC) price dropped to $ 34,300 today. Ethereum (ETH), XRP, and BNB are down 12 percent today. Cardano, Dogecoin, AVAX and SHIB suffered losses of up to 15 percent.
Volatility is rising in other major global financial indices, as the S&P 500 (GSPC) and DJI have dropped nearly 2% in the last hour. Ethereum founder Vitalik Buterin, who lived the first six years of his life in Kolomna, Russia, tweeted in Russian this morning (according to a rough translation):
Putin abandoned the possibility of a peaceful resolution to the conflict with Ukraine and instead I was very saddened by your decision to go to war. This is a crime against the Ukrainian and Russian people.
Later Vitalik Buterin added in English: “Reminder: Ethereum neutral , but that is not me.”
Atlas DEX Advisor Altcoin Sherpa tweeted that the focus should be on the people involved, not the impact on the markets.
Will Clemente, popular analyst of Bitcoin mining company BlockWare, tweeted the following: posted:
Oil price rose to $99.50 in response to Russia’s actions . “The impact of this will be felt globally,” said podcast host and crypto investor Anthony “Pomp” Pompliano, as Russia is the world’s third-largest oil producer.
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