What is the impact of the current Ukraine and Russia war on Crypto? With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts. I hope the war ends soon, peace is beautiful
Bitcoin and other cryptocurrencies showed green movements but not too huge like reaching new heights or entering into the bullish cycle but it helped from recovery of dip before that.
Economies were falling especially Russia but its not going to end there soon the fuel prices are going to shoot in many countries because Russia is the main exporter of Natural gas in the world and if the posses Ukraine then definitely they're going to decide the price.