Market Wrap: Bitcoin, Ether and stocks rock after Ukraine invasion

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Von: Krypto News Österreich

  • Russia's attack on Ukraine shocked traders and investors sold aggressive positions
    • early a day a day
  • cryptocurrencies such as Bitcoin and Ether rose on the late trading day next to the shares

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President Joe Biden, who repeatedly warned of an upcoming invasion, said that Russia will wear consequences Provocation, without justification, without necessity ”.

biden imposed a number of new sanctions to "restrict Russia's ability, do business in dollars, euros, pounds and yen in order to be part of the global economy". The sanctions are intentionally designed "to maximize the long -term effects on Russia and to minimize the effects on the United States and our allies," added Biden.

As a dealer in the USA, the news analyzed, the S&P 500 crashed and started the day with a minus of almost 2.5 %. Together with other indices, he later recovered and ended with an increase of 1.5 %. The Nasdaq and the Dow also declined before they reduced their losses. The Nasdaq ended the day with a remarkable increase of 3.44 %.

Bitcoin started the day with a minus of up to 7.5 %, but managed to end the trading times of the shares with an increase of 3.5 %. Ether was even more volatile and fell by up to 10.5 % before it closed by 2.22 %.

Top stories

story: The initial fall of Bitcoin at the invasion in Ukraine undermines the status as "digital gold"

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Story: Aligned raises $ 34 million to expand the Defi and Web3 infrastructure

  • The capital is used for the expansion of its core products for Ethereum compatible blockchains such as Layer-2 networks
  • The founder of Aligned is the former Chief Strategy Officer at Consensys

story: The blockchain infrastructure provider Infstones concludes series B worth $ 33 million

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story: Bitcoin, risk systems fluctuate, even if the US BIP increases

  • economists warn that 2022 will not experience the same economic growth as 2021
  • The US BIP rose in the fourth quarter with an annualized rate of 7 %

go forward

New core and PCE inflation metrics are due on Friday. It is uncertain how the Fed wants to change interest rates if the markets should continue to fall due to the conflict in Eastern Europe.

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The Post Market Wrap: Bitcoin, Ether and Stocks Seesaw Following Ukraine Invasion is not a financial advice.