Statistics has it that in just one night cryptocurrencies' value dropped by 11% due to the Ukraine and Russia war.
The blame for the tragic drop in the value of the currency is blamed on the war because of the role the currency played during the Ukrainian's preparation for the Russian invasion.
The cryptocurrency was sought to be made a legal tender in Ukraine since it was the only means to get funding support to equip troops as fiat currency's accounts were put to a halt from receiving cross border donations.
Investors See The Surge as an Opportunity to Plunge Into Crypto Investment.
The 11% fall on cryptocurrencies' value didn't seem to threaten investors to pull out investment, rather, investors are seeing this as an opportunity to immerse massive profit from the situation.
According to tweets from several bitcoin investors, they are not willing to sell-off because of the war in place which has made a huge impact on the currency.
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