- Russia invades Ukraine in the early hours of Thursday.
- Bitcoin and other altcoins’ prices plummet as a result.
- Vitalik Buterin and other crypto elites speak against Putin’s action.
Tensions are high globally, due to this, the cryptocurrency world is on the verge of hitting the lowest ever seen in years. The subsequent invasion of Russia in Ukraine this early morning has impacted Bitcoin and other altcoins heavily.
Bitcoin, at the time of writing, went further downhill to trade at $34,780, while Ethereum’s price took a turn for the worst as it is now $2,356 per unity. In fact, a look at the CoinMarketCap chart is almost disheartening, to say the least.
Today has been gloomy for many world leaders, individuals, and crypto enthusiasts since the news of Russia bombing some parts of Ukraine. Taking to their