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Bitcoin skids to six-month low as fears of Ukraine conflict shake markets

Wall Street stocks, too, opened down sharply, after last week posting their worst week since 2

Photo: Bloomberg
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Photo: Bloomberg

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Bitcoin tumbled over 7 per cent on Monday to its lowest in six months, as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their selloff.

The largest cryptocurrency trading down 7.5 per cent at $33,538, its lowest since July 24, taking losses from its all-time high of $69,000 hit in November past 50 per cent.
 
The US State Department said on Sunday it was ordering diplomats' family members to leave Ukraine in one of the clearest signs yet that American officials are bracing for an aggressive Russian move in the region.
 
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First Published: Jan 25 2022 | 12:04 AM IST

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