Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
TipRanks 2022-02-25 16:09:20

COIN: Volatility in Crypto Muddies 2022 Outlook

The conflict between Russia and Ukraine has not only caused the stock markets to fall sharply but has also resulted in a bloodbath across the crypto market. Bitcoin (BTC) plunged by more than 15% in the last seven days amid the increasing tension between Russia and Ukraine. This has also led to a question in the minds of crypto investors about whether the growing friction between Russia and Ukraine could lead to a “crypto winter” and how it is likely to affect cryptocurrency exchanges like Coinbase Global (COIN). The company’s management addressed this query at its Q4 and FY21 earnings call on Thursday.

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