Bitcoin sheds 8% due to ongoing Ukraine-Russia war
Ethereum falls below $2500 market value Solana is bearish by 9%
The global crypto market prices plunge leading to declining market cap
As the Russian-Ukrainian crisis heats up, key cryptocurrencies are seeing their value plummet. Other major digital currencies, such as Bitcoin, Ethereum, and pipple have also fallen in the last week, with Solana and Cardano falling the most lately.
According to analysts, cryptocurrencies are a terrible option for investors seeking safety in times of market volatility, as opposed to conventional hedges like gold and US Treasury securities, which are more stable and predictable in times of uncertainty.
Ethereum falls below $2500 market value Solana is bearish by 9%
The global crypto market prices plunge leading to declining market cap
As the Russian-Ukrainian crisis heats up, key cryptocurrencies are seeing their value plummet. Other major digital currencies, such as Bitcoin, Ethereum, and pipple have also fallen in the last week, with Solana and Cardano falling the most lately.
According to analysts, cryptocurrencies are a terrible option for investors seeking safety in times of market volatility, as opposed to conventional hedges like gold and US Treasury securities, which are more stable and predictable in times of uncertainty.
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