BTC Crashes Below $35K, Is $29k Next?

Bitcoin (BTC) sinks below 35k on Thursday. Global risk aversion amid Russia’s invasion of Ukraine has shaken the markets.

Investors bet on breaking of January lows of $32,933.33.

At the time of writing, BTC/USD is trading at $35,229.01, down 5.49% for the day. The world’s largest and most populous cryptocurrency by market cap held 24-hour trading volume at $36,562,674,794 rising almost 52%.