The cryptocurrency market is full of bearish sentiment right after Russia launched the latest military operations against Ukraine.
Bitcoin, the leading cryptocurrency, plunged over 7.8%, trading at around $34.7K during the Asian trading session, according to CoinMarketCap.
The downtrend of bitcoin has similarly affected other leading cryptocurrencies such as Ethereum (ETH), Binance coin (BNB), ripple (XRP) and Cardano (ADA).
Ethereum, the second-largest cryptocurrency by market capitalisation, also fell over 9.5 % over the last 24 hours, trading at around $2376 at present.
According to online media Outlook, citing Gaurav Dahake, CEO and founder, Bitbns, said “geopolitical pressure and a potential war breaking out have elevated …
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