Business Standard

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

Photo: Bloomberg

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.
Wall Street

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 25 2022 | 12:04 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to