CRYPTO ALERT: Bitcoin and other cryptocurrencies crash after Russia launched a full-scale invasion of Ukraine
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"Bitcoin is performing in lock step with other so-called 'risk assets' as Russia’s invasion of Ukraine sends global financial markets into a tailspin," the trading team of the bitcoin and crypto exchange Bitfinex wrote in an emailed note."Markets across the board are dancing to the tune of geopolitical events."
The U.S., U.K. and some of their allies have already imposed a series of economic sanctions on Russia with more expected in response to Russian president Vladimir Putin launching a"special military operation" in the eastern Donbas region of Ukraine overnight.
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