The bitcoin market has also been affected by growing concerns about Russia's invasion of Ukraine.
But Bitcoin has been falling in the last 24 hours and is currently trading at around $ 37,794.
But the oil situation is quite the opposite. Just look at the price of oil and realize that this war has had a huge impact on the price of oil and safe-haven assets like gold.
I hate it when you guys believe the Russian and Ukraine conflict is the only reason why Bitcoin is experiencing some market dump in price whereas the market is always volatile in nature and the market is already in the realm of high volatility in price before Russia and Ukraine issue happen.
Have you forgotten there always be both sides of price movement after the halving effect market before blood bath?