It took a matter of days for Bitcoin to fall to two-week lows, but sentiment managed to fall much harder.
Bitcoin (BTC) saw its first dive below $38,000 in over two weeks on Feb. 20 as macro triggers rattled low-volume weekend markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader on BTC: “Nothing to get excited about”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing ground Sunday, following threats of fresh sanctions on Russia over its alleged plans to invade neighboring Ukraine.After a quiet Saturday, crypto began to move downhill after comments from United Kingdom Prime Minister Boris Johnson on financial blocks of Russian firms should the situation escalate.These would be prohibited from “trading in pounds and dollars,” the BBC reported Johnson as saying Sunday morning, alluding to support from United States President Joe Biden.With crypto the only markets constantly open, the
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