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Bitcoin Slumps Below $35k, Crypto In Freefall As Russia Declares War

source-logo  coingape.com  + 2 more 24 February 2022 07:00, UTC

Bitcoin tanked on Thursday, with crypto markets in a sea of red after Russia declared war on Ukraine and began military operations in the Donbas region.

The world’s largest cryptocurrency slumped 11% overnight to about $34,900- its lowest level in a month. Altcoins including Ethereum, XRP and Solana logged double-digit losses, wiping out nearly $200 billion in crypto market capitalization.

coingape.com

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