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Bitcoin Tumbles to 6-month Low amid Fears of Attack on Ukraine


Wed 26 Jan 2022 | 03:47 AM
Taarek Refaat

Bitcoin, the world's leading cryptocurrency, was trading lower on Monday, dropping 6.61% to $33,440.

Bitcoin slumped to a six-month low on Monday as fears of a Russian attack on Ukraine extended the sell-off of riskier assets around the world.

Ether, the second biggest cryptocurrency, reached $2,207, down 11.44%, according to data from Coindesk.

Bitcoin tumbled nearly 9% on Monday to a six-month low as fears of a Russian attack on Ukraine extended the sell-off of riskier assets around the world.

Meantime, bitcoin rose to $36,737 on Wednesday as world awaits the FED meeting, which is expected to be massacre to cryptocurrencies; due to a possible hike in rates.