President Vladimir Putin’s announcement that Moscow has decided to conduct a special military operation in Eastern Ukraine to demilitarise Ukraine plunged the world’s most dominant cryptocurrency, Bitcoin by over 9 percent in the early hours of Thursday.
Jumped in global uncertainty and risk that trailed President Putin’s announcement plunged the price of Bitcoin by 9.95% to $35,041.62 per coin on Thursday.
At around 6 a.m. Russian time, Putin disclosed he has ordered a special military operation in Ukraine and warned the West and other Western allies to stay off or suffer the consequence.
“Anyone who tries to interfere with us, or even more so, to create threats for our country and our people, must know that Russia’s response will be immediate and will lead you to such consequences as you have never before experienced in your history,” Putin said. He declared “We are ready for any turn of events.”
