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News February 24, 2022

Bitcoin falls to lowest since July 2021 on Ukraine military action

Bitcoin prices fell below $35,000 for the first time since July 2021 as Russia began its military campaign in Ukraine, Forbes reported Feb. 24, with some analysts warning that a sell-off could be possible until tensions in Eastern Europe subside. will get worse.

At one point, bitcoin prices fell to $34,763, a drop of more than 7%, before bouncing back above $35,000, the data showed. Global oil prices, on the other hand, continued to say, with Brent crude futures rising more than 4.5% to top $100 a barrel for the first time since 2014.

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