Market Wrap: BTC and European markets fall after the latest Putin provocation

Von Krypto News Österreich

  • Putin says that "bloodshed will be full" on the Ukrainian government if Kiev does not stop the military actions
  • The tensions on the Ukrainian border seem to have increased, which has led to further sales

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The European stock markets fell on Monday when Russian President Vladimir Putin enforced plans to recognize the independence of two areas supported by Russia in Ukraine and fueled the risk of an invasion. Cryptocurrencies remained intact.

Putin outlined the step in a speech and said that every further bloodshed would be on the conscience of the Ukrainian government.

"As for those who have been captured in Kiev and capture the power, we call for you to stop the military actions immediately," said Putin Consciousness of the regime that rules the Ukraine territory.

The Prime Minister of the United Kingdom, Boris Johnson, condemned The trick.

"This clearly violates international law. It is an injury, a flagrant violation of sovereignty and integrity of Ukraine," said Johnson. "It is a rejection of the Minsk process and the Minsk agreements, and I think it's a very bad omen and a very dark sign."

Putin's speech was not helpful for the already volatile and aching markets. The US markets were closed at President’s Day, but the British FTSE 100 and the German Dax fell. The FTSE 100 gave up by 1.14 %, while the DAX gave up almost 2.1 %.

Bitcoin suffered a slight blow and started the day positively, but ended the business day with a minus of 0.25 %. Ether remained positive and closed by 1.52 %. Terra, a top ten-altcoin, seemed to ignore global uncertainty with a daily pump of 8.5 %.

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go forward

Putin's statements about Kiev and the two areas supported by Russia in Ukraine seem to have created the prerequisites for further Russian progress. The potential for conflict seems to have increased, which leads to further sales because investors are waiting for the next development.

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The contribution Market Wrap: BTC and European Markets Drop After Latest Putin Provocation is not a financial advice.