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Heightened Fears In Ukraine Leads To Risk-Off Sentiment In BTC

Ukraine United Kingdom Russia GlobalBlock Marcus Sotiriou United States

Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock

Last week there was a risk-on sentiment after the FOMC meeting where the Federal Reserve raised rates by 0.25% as expected. Bitcoin reached a high of $42,400. However, yesterday we saw a fall to the mid $40,000 region, as there are heightened fears surrounding the Russa/Ukraine war.

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