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How does this Ukraine crisis affect the crypto market?
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[QUOTE="Shaf, post: 227627, member: 25467"] Every action we take has a ripple effect, especially when it's on a large scale like this. Like the forex, stocks and commodities markets, cryptocurrency will also feel the shock that comes with whatever consequences the war has. Currently, prices of gas has increased, businesses from both countries have been affected hence people have less money to buy and sell with. Coupled with the inflation and uncertainty after Covid 19, people are playing it safe, not investing new money or preferring to be in stablecoins. Bitcoin has also been trading in a downtrend for four months and this trend is not going to make it favourable at all to new investors. [/QUOTE]
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How does this Ukraine crisis affect the crypto market?
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