Cryptocurrencies slide as investors seek out safe-havens like gold in the face of mounting Russia/Ukraine tensions
- February 16, 2022
- Posted by: MasterAdmin
- Category: Altcoins
Cryptocurrencies fell on Monday as fear of Russia invading Ukraine unleashed a wave of risk aversion.
Both bitcoin and ethereum lost ground while altcoins suffered heavier declines.
Analysts said fear of war in Eastern Europe and rising inflation was hitting risk assets.
Cryptocurrencies were in the red across the board on Monday as mounting tensions between Russia and Ukraine pushed investors towards traditional investments like gold and bonds.…