Russia-Ukraine Crisis Caused A Collapse In Bitcoin

The Russia-Ukraine crisis caused a collapse in Bitcoin. Besides Bitcoin, the cryptocurrency market is generally in turmoil.

Russia's official step on the territory of Ukraine, using separatist groups as an excuse, caused a great shock in the world markets. Unfortunately, the cryptocurrency market, which should stand out with innovations and important projects, was also greatly affected by this situation. Bitcoin price had already started a downward movement from the $ 43 thousand band for a while due to tension. The decline deepened even more late at night, when sirens began to sound in the capital, Kiev. With Bitcoin, which went down to the limit of 34 thousand dollars, the market is also falling to the bottom. Ethereum price is $2300, AVAX price is $65, SOL price is 81$, AXS price is down to 42$ levels. Although it is still accused of being a manipulative market, many emerging projects make significant contributions to the world of finance as well as the world of music and video content, as well as the world of cryptocurrencies. However, major crashes leave this synergy in the background.