Though it has not been officially confirmed, U.S. officials appear to believe a Russian invasion is imminent.
Crypto and equities markets have suffered distinct losses today amid uncertainty over the threat of a Russian invasion of Ukraine.
Although it has not been confirmed that President Vladimir Putin has given orders to invade, Russia has nevertheless amassed more than 100,000 troops on the border.
Russian officials deny any plans for invasion and have accused Western governments of disseminating misinformation.
Crypto and stock markets have suffered today, possibly in connection to fears surrounding Russia’s ominous positioning of over 100,000 troops on the border of Ukraine.
Threat of War in UkraineMarkets appear to be shaken today by uncertainty surrounding the threat of a possible Russian invasion of Ukraine.
Though there is no confirmation that any such orders for an invasion have been given, U.S. National Security Advisor Jake Sullivan said today that “we’re in a window when an invasion could begin at any time.” Russia has more than 100,000 troops amassed near the Ukrainian border, and the Biden Administration has urged Americans to leave Ukraine multiple times this week.
The crypto market is down around 4.8% in terms of total market capitalization amid the fears, with the two major coins, Bitcoin and Ethereum, roughly mirroring that level of loss. Stock market indices are down as well today, while so-called “fear” assets like gold have jumped in price.
Importantly, the U.S. has not confirmed that Russian President Vladimir Putin has made a decision to invade Ukraine. However, Sullivan said that Russia’s current military posture in the region now puts it “in a position to be able to mount a major military action.”
However, there are reportedly U.S. officials who told PBS correspondent Nick Schifrin that they do have reason to believe that President Putin has made the decision to invade Ukraine. U.S. Secretary of State Antony Blinken has also expressed concerns over “troubling signs of Russian escalation,” himself saying an invasion could “happen at any time.”
Yesterday, diplomats from Russia, Ukraine, Germany, and France took part in nine hours of discussion in Berlin.
Russian Foreign Minister Sergey Lavrov has accused Western politicians of blowing the situation out of proportion, calling worries about the buildup of Russian troops “sheer propaganda.” Russian officials deny that it is planning any invasion, instead insisting that it is enforcing “red lines” to make sure Ukraine does not join NATO.
The Prime Minister of Britain, Boris Johnson, called the Russia and Ukraine situation “the most dangerous moment” Europe has faced in decades.
Disclosure: At the time of writing, the author of this piece owned BTC, ETH, and several other cryptocurrencies.
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
See full terms and conditions.
Ukrainian Defense Efforts Benefit from Crypto Crowdfunding
Feb. 9, 2022
Ukrainian volunteer groups organized to defend the nation against Russian invasion received a 900% increase in Bitcoin donations in 2021, according to a report today. Defense Funding by Crypto Ukrainian…
Ukraine Passes Law to Legalize Bitcoin, Crypto Businesses
Sep. 9, 2021
Ukraine’s lawmakers have voted in favor of legalizing crypto ownership and businesses operating in the space. Ukraine Gives Citizens Right to Own Crypto Ukraine has become the latest country to…
What is a Crypto Airdrop: Why Projects Airdrop Crypto
Crypto airdrops occur when new tokens are freely distributed to different wallets in order to drive initial growth and build a community. They represent a popular marketing tactic that new projects use to spread…
Belarus, Ukraine And Russia: Time To Revisit Their Tech?
Since the fall of the Soviet Union, the Eastern European region has endured growing pains. However, one thing the newly formed countries could always hang their hat on was a…