Russia’s Impact on Bitcoin
What the Conflict Means to Bitcoin
February 21 — Russian president Vladimir Putin formally recognized and deployed troops to two pro-Russian breakaway regions in eastern Ukraine.
U.S. President Joe Biden stated that the move was “the beginning of the Russian invasion.” February 24 — the invasion was undeniable as Putin launched what he dubbed a “special military operation.”
The economic impacts of the rapidly developing situation were felt almost immediately. As the world raced to hit Russia with sanctions…