Bitcoin Could Drop Beneath $30,000 Resulting from Ukraine-Russia Disaster

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Bitcoin was falling Tuesday amid the continuing disaster between Russia and Ukraine that analysts mentioned may push the world’s most traded cryptocurrency beneath $30,000.

Russian President Vladimir Putin ordered troops into separatist-held elements of jap Ukraine in what the Kremlin known as a “peacekeeping” mission, CNN reported, simply hours after he signed decrees recognizing the independence of the Moscow-backed areas. 

‘A Good Storm’

Bitcoin was down barely to $37,452 ultimately test Tuesday, having dropped to a greater than two-week-low of $36,350.