{"id":45477,"date":"2022-02-24T15:58:14","date_gmt":"2022-02-24T15:58:14","guid":{"rendered":"https:\/\/packetstormsecurity.com\/news\/view\/33142\/Crypto-Currencies-Fall-After-Russia-Invades-Ukraine.html"},"modified":"2022-02-24T15:58:14","modified_gmt":"2022-02-24T15:58:14","slug":"crypto-currencies-fall-after-russia-invades-ukraine","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/crypto-currencies-fall-after-russia-invades-ukraine\/","title":{"rendered":"Crypto Currencies Fall After Russia Invades Ukraine"},"content":{"rendered":"<div readability=\"36\">\n<p id=\"primary-image-caption\" data-testid=\"primary-image-caption\" class=\"Text__text___2vZwzq Text__medium-grey___tow7K6 Text__regular___3orWU3 Text__small___10gNo_ Body__base___3K85eE Body__caption___3SJBpz article-body__primary-image-caption___1tqiF7\">A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS\/Benoit Tessier<\/p>\n<div class=\"registration-prompt__container___bYuCJ7 column article-body__aside-registration-prompt___1Ealxw\">\n<div class=\"registration-prompt__text-content___3mCDaQ\">\n<h6 class=\"Text__text___2vZwzq Text__white___cSohpe Text__medium___3mY4FC Text__heading_6___302kri Heading__base___3qCIA2 Heading__heading_6___1Flmx1 registration-prompt__heading___2LgQ-c\">Register now for FREE unlimited access to Reuters.com<\/h6>\n<p><button class=\"Button__button___3B9OxT Button__secondary___1qNGNf Button__round___SR4lqT TextButton__container___2ipwLP registration-prompt__button-text___eFmPbk\" type=\"button\"><\/p>\n<p><span class=\"Text__text___2vZwzq Text__inherit-color___1Jv4Eu Text__bold___2pIB3c Text__default___1ZhUwy TextButton__medium___1HuzMG\">Register<\/span><\/p>\n<p><\/button><\/div>\n<\/div>\n<\/div>\n<div readability=\"78.217391304348\">\n<p data-testid=\"paragraph-0\" class=\"Text__text___2vZwzq Text__dark-grey___1T5z1- Text__regular___3orWU3 Text__large___1NuIuP Body__base___3K85eE Body__large_body___1_XkH1 article-body__element___vulnXJ\">LONDON, Feb 24 (Reuters) &#8211; Bitcoin slumped to its lowest in a month on Thursday after Russian forces fired missiles at several cities in Ukraine and landed troops on its coast, sparking a sell-off of riskier assets.<\/p>\n<p data-testid=\"paragraph-1\" class=\"Text__text___2vZwzq Text__dark-grey___1T5z1- Text__regular___3orWU3 Text__large___1NuIuP Body__base___3K85eE Body__large_body___1_XkH1 article-body__element___vulnXJ\">Bitcoin fell by as much as 7.9% to $34,324, its lowest since Jan. 24, and was last trading down 4.5%. Smaller coins that typically move in tandem with bitcoin also fell, with ether losing as much as 10.8%.<\/p>\n<p data-testid=\"paragraph-2\" class=\"Text__text___2vZwzq Text__dark-grey___1T5z1- Text__regular___3orWU3 Text__large___1NuIuP Body__base___3K85eE Body__large_body___1_XkH1 article-body__element___vulnXJ\">Russia launched an all-out invasion of Ukraine by land, air and sea, the biggest attack by one state against another in Europe since World War Two and confirmation of the worst fears of the West. <a href=\"https:\/\/www.reuters.com\/world\/europe\/putin-orders-military-operations-ukraine-demands-kyiv-forces-surrender-2022-02-24\/\" class=\"Text__text___2vZwzq Text__dark-grey___1T5z1- Text__medium___3mY4FC Text__large___1NuIuP Link__underline_default___1RrRWa\"> read more <\/a><\/p>\n<div class=\"registration-prompt__container___bYuCJ7 registration-prompt__inline___lE4_O9 article-body__element___vulnXJ article-body__inline-registration-prompt___OCH-j6\">\n<div class=\"registration-prompt__text-content___3mCDaQ\">\n<h5 class=\"Text__text___2vZwzq Text__white___cSohpe Text__medium___3mY4FC Text__heading_5___Zn3DqM Heading__base___3qCIA2 Heading__heading_5___ruN8eD registration-prompt__heading___2LgQ-c\">Register now for FREE unlimited access to Reuters.com<\/h5>\n<p><button class=\"Button__button___3B9OxT Button__secondary___1qNGNf Button__round___SR4lqT TextButton__container___2ipwLP registration-prompt__button-text___eFmPbk\" type=\"button\"><\/p>\n<p><span class=\"Text__text___2vZwzq Text__inherit-color___1Jv4Eu Text__bold___2pIB3c Text__default___1ZhUwy TextButton__medium___1HuzMG\">Register<\/span><\/p>\n<p><\/button><\/div>\n<\/div>\n<p data-testid=\"paragraph-3\" class=\"Text__text___2vZwzq Text__dark-grey___1T5z1- Text__regular___3orWU3 Text__large___1NuIuP Body__base___3K85eE Body__large_body___1_XkH1 article-body__element___vulnXJ\">The United States and its allies will impose &#8220;severe sanctions&#8221; on Russia after the attacks, U.S. President Joe Biden said. EU foreign affairs chief Josep Borrell also promised the toughest financial sanctions the bloc had ever imposed. <a href=\"https:\/\/www.reuters.com\/world\/biden-says-us-allies-will-respond-unjustified-attack-by-russia-ukraine-2022-02-24\/\" class=\"Text__text___2vZwzq Text__dark-grey___1T5z1- Text__medium___3mY4FC Text__large___1NuIuP Link__underline_default___1RrRWa\"> read more <\/a><\/p>\n<p data-testid=\"paragraph-4\" class=\"Text__text___2vZwzq Text__dark-grey___1T5z1- Text__regular___3orWU3 Text__large___1NuIuP Body__base___3K85eE Body__large_body___1_XkH1 article-body__element___vulnXJ\">Global stocks and U.S. bond yields dived, while the dollar, gold and oil prices rocketed higher as investors scrambled for perceived safe-haven assets. European stocks alone plunged 2.6%. <a href=\"https:\/\/www.reuters.com\/markets\/europe\/global-markets-wrapup-1pix-2022-02-24\/\" class=\"Text__text___2vZwzq Text__dark-grey___1T5z1- Text__medium___3mY4FC Text__large___1NuIuP Link__underline_default___1RrRWa\"> read more <\/a><\/p>\n<p data-testid=\"paragraph-5\" class=\"Text__text___2vZwzq Text__dark-grey___1T5z1- Text__regular___3orWU3 Text__large___1NuIuP Body__base___3K85eE Body__large_body___1_XkH1 article-body__element___vulnXJ\">&#8220;We&#8217;ve seen what we&#8217;d expect so far &#8211; BTC and crypto markets following stocks,&#8221; said Jospeh Edwards, head of financial strategy at crypto firm Solrise Group.<\/p>\n<p data-testid=\"paragraph-6\" class=\"Text__text___2vZwzq Text__dark-grey___1T5z1- Text__regular___3orWU3 Text__large___1NuIuP Body__base___3K85eE Body__large_body___1_XkH1 article-body__element___vulnXJ\">&#8220;All things tend to correlate in crises, and we&#8217;re expecting similar here, so worse is likely to be in store over coming days.&#8221;<\/p>\n<p data-testid=\"paragraph-7\" class=\"Text__text___2vZwzq Text__dark-grey___1T5z1- Text__regular___3orWU3 Text__large___1NuIuP Body__base___3K85eE Body__large_body___1_XkH1 article-body__element___vulnXJ\">While cryptocurrency proponents say bitcoin acts as a safe haven from geopolitical tensions, it often moves in tandem with other risk-on assets. Its fall on Thursday took losses since hitting a record of $69,000 in November past 50%.<\/p>\n<figure data-testid=\"image-0\" class=\"article-image__figure___Yq3IH_ article-body__element___vulnXJ\">\n<div class=\"StatefulImage__container___1fQtnO StatefulImage__light___2Bq_g7 article-image__image___36S_PO\">\n<div class=\"StatefulImage__image___1OcDTh\"><noscript><img decoding=\"async\" src=\"https:\/\/cloudfront-us-east-2.images.arcpublishing.com\/reuters\/HCGFDCDN4JNKROM4IEPVEOBBGE.png\" alt=\"Reuters Graphics\" title><\/noscript><\/div>\n<\/div><figcaption class=\"Text__text___2vZwzq Text__medium-grey___tow7K6 Text__regular___3orWU3 Text__small___10gNo_ Body__base___3K85eE Body__caption___3SJBpz article-image__figcaption___36u1I6\">Reuters Graphics<\/figcaption><\/figure>\n<div class=\"registration-prompt__container___bYuCJ7 registration-prompt__inline___lE4_O9 article-body__element___vulnXJ\">\n<div class=\"registration-prompt__text-content___3mCDaQ\">\n<h5 class=\"Text__text___2vZwzq Text__white___cSohpe Text__medium___3mY4FC Text__heading_5___Zn3DqM Heading__base___3qCIA2 Heading__heading_5___ruN8eD registration-prompt__heading___2LgQ-c\">Register now for FREE unlimited access to Reuters.com<\/h5>\n<p><button class=\"Button__button___3B9OxT Button__secondary___1qNGNf Button__round___SR4lqT TextButton__container___2ipwLP registration-prompt__button-text___eFmPbk\" type=\"button\"><\/p>\n<p><span class=\"Text__text___2vZwzq Text__inherit-color___1Jv4Eu Text__bold___2pIB3c Text__default___1ZhUwy TextButton__medium___1HuzMG\">Register<\/span><\/p>\n<p><\/button><\/div>\n<\/div>\n<p><span class=\"Text__text___2vZwzq Text__dark-grey___1T5z1- Text__regular___3orWU3 Text__default___1ZhUwy sign-off__text___1kMQGj\">Reporting by Tom Wilson; editing by Danilo Masoni, Dhara Ranasinghe and Barbara Lewis<\/span><\/p>\n<p class=\"Text__text___2vZwzq Text__dark-grey___1T5z1- Text__regular___3orWU3 Text__large___1NuIuP Body__base___3K85eE Body__large_body___1_XkH1 article-body__element___vulnXJ\">Our Standards: <a href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" target=\"_blank\" class=\"Text__text___2vZwzq Text__dark-grey___1T5z1- Text__medium___3mY4FC Text__large___1NuIuP Link__underline_default___1RrRWa\" rel=\"noopener\">The Thomson Reuters Trust Principles.<\/a><\/p>\n<\/div>\n<p>READ MORE <a href=\"https:\/\/packetstormsecurity.com\/news\/view\/33142\/Crypto-Currencies-Fall-After-Russia-Invades-Ukraine.html\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>READ MORE HERE&#8230;<\/p>\n","protected":false},"author":2,"featured_media":45478,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[60],"tags":[9880],"class_list":["post-45477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-packet-storm","tag-headlinegovernmentbankrussiamilitary"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crypto Currencies Fall After Russia Invades Ukraine 2026 | ThreatsHub Cybersecurity News<\/title>\n<meta name=\"description\" content=\"ThreatsHub Cybersecurity News | ThreatsHub.org | Cloud Security &amp; Cyber Threats Analysis Hub. 100% Free OSINT Threat Intelligent and Cybersecurity News.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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