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Bitcoin (BTC) Slips Under Crucial Support of $37,000 as Russia-Ukraine War Fear Intensifies

The world’s largest cryptocurrency Bitcoin (BTC) has slipped under its crucial support levels of $37,000 and is currently trading 6.195 down at $36,619 with a market cap of $693 billion. This is for the second time in this month of February that the BTC price is trading under $37,000.
This comes amid the broader market correction as the overall crypto market takes a 7% dive losing more than $100 billion of investors’ wealth in the last 24 hours. The recent plunge comes amid the news that Russian President Vladimir Putin recognizes Ukraine’s rebel areas as independent and orders troops to move in while escalating the fears of war.
Well, it unclear whether if the movement of the Russian troops marks the beginning of the Ukraine invasion. however, it certainly sets the beginning of what could lead to a long military operation targeting the country.
Altcoins Bleeding Hard
Well, the correction in the altcoin space is even deeper as of now. Almost all of the top-ten altcoins including

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