{"id":1236303,"date":"2022-01-24T17:08:48","date_gmt":"2022-01-24T22:08:48","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1236303"},"modified":"2022-01-24T17:09:08","modified_gmt":"2022-01-24T22:09:08","slug":"130-billion-wiped-off-crypto-markets-as-investors-weigh-risk-of-war-in-ukraine-interest-rates","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/130-billion-wiped-off-crypto-markets-as-investors-weigh-risk-of-war-in-ukraine-interest-rates\/","title":{"rendered":"$130 Billion Wiped Off Crypto Markets As Investors Weigh Risk Of War In Ukraine, Interest Rates"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">32<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2F130-billion-wiped-off-crypto-markets-as-investors-weigh-risk-of-war-in-ukraine-interest-rates%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1236303&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>In just 24 hours, $130 billion was wiped off cryptocurrency markets as multiple coins \u2014 including Bitcoin \u2014 dropped to multi-month lows, in response to investor concerns and rising tensions over the potentially impending Russian invasion of Ukraine.<\/p>\n<p>Bitcoin did experience a moderate return to positive territory on Monday after the coin continued to slide, having fallen to $32,982.11, its lowest point since July. According to <a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\">CoinMarketCap<\/a>, Bitcoin increased by 5% to $37,009.16 later on Monday.<\/p>\n<p>Ether also dropped as low as $2,176.41, its lowest since July. According to <a href=\"https:\/\/coinmarketcap.com\/currencies\/ethereum\/\">CoinMarketCap<\/a>, Ethereum has now risen by 1.49% to $2,453.43.<\/p>\n<p>The broad drop in the cryptocurrency market is closely following the stock market, which has continued to fall since the beginning of 2022 and just experienced its worst week since March 2020.&nbsp;<\/p>\n<p>Risk assets, such as technology stocks, are being sold by investors due to concerns regarding interest rates and federal policy.<\/p>\n<p>\u201cHeading into 2022, the story for tech stocks was outward rotation. Inflationary pressure was leading the Federal Reserve to signal that interest rate hikes were coming. Shares of cloud-computing companies and other high-multiple stocks that outperformed the market in recent years were plunging as the work-from-home theme fell apart,\u201d <a href=\"https:\/\/www.cnbc.com\/2022\/01\/21\/peloton-plunge-netflix-miss-send-nasdaq-to-worst-week-since-march-2020.html\">CNBC<\/a> explained.<\/p>\n<p>\u201cUS stocks ended higher Monday after suffering staggering losses earlier in the session, with investors staging a rally after early concerns around the Federal Reserve,\u201d <a href=\"https:\/\/www.businessinsider.com\/stock-market-today-sp500-rally-correction-federal-reserve-fomc-rates-2022-1\">Insider<\/a> reported. \u201cThe S&amp;P 500 dropped briefly into a correction, down more than 10% from its all-time high, but ended higher almost 0.3%. The Dow Jones Industrial Average at one point fell by more than 1,000 and the Nasdaq Composite had logged a 4% loss.\u201d<\/p>\n<p>As <a href=\"https:\/\/www.wsj.com\/articles\/global-stocks-markets-dow-update-01-24-2022-11643011323\">The Wall Street Journal<\/a> noted, \u201cThe market has also been spooked by mounting tensions between the West and Russia over the military buildup on the border with Ukraine.\u201d<\/p>\n<p>8,500 U.S. troops have been placed on high alert, the Pentagon announced.<\/p>\n<p>\u201c[The Secretary of Defense] has placed a range of units in the United States on heightened preparedness to deploy, which increases our readiness to provide forces if [NATO] should activate the NATO Response Force,\u201d the Department of Defense tweeted.<\/p>\n<p lang=\"en\" dir=\"ltr\">.<a href=\"https:\/\/twitter.com\/PentagonPresSec?ref_src=twsrc%5Etfw\">@PentagonPresSec<\/a>: <a href=\"https:\/\/twitter.com\/SecDef?ref_src=twsrc%5Etfw\">@SecDef<\/a> has placed a range of units in the United States on heightened preparedness to deploy, which increases our readiness to provide forces if <a href=\"https:\/\/twitter.com\/NATO?ref_src=twsrc%5Etfw\">@NATO<\/a> should activate the NATO Response Force. <a href=\"https:\/\/twitter.com\/hashtag\/WeAreNATO?src=hash&amp;ref_src=twsrc%5Etfw\">#WeAreNATO<\/a> <a href=\"https:\/\/t.co\/DxCpFo2vqg\">pic.twitter.com\/DxCpFo2vqg<\/a><\/p>\n<p>\u2014 Department of Defense \ud83c\uddfa\ud83c\uddf8 (@DeptofDefense) <a href=\"https:\/\/twitter.com\/DeptofDefense\/status\/1485701744281673731?ref_src=twsrc%5Etfw\">January 24, 2022<\/a><\/p>\n<p>\u201cSome NATO members, including Denmark, Spain, Bulgaria and the Netherlands, are already sending fighter jets and warships to eastern Europe to bolster defenses in the region,\u201d the <a href=\"https:\/\/www.bbc.com\/news\/world-europe-60118193\">BBC<\/a> reported.<\/p>\n<p>United Kingdom Prime Minister Boris Johnson has also <a href=\"https:\/\/www.dailywire.com\/news\/could-be-their-new-chechnya-russian-invasion-of-ukraine-would-be-disastrous-boris-johnson-says\">warned<\/a> Russia that an invasion of Ukraine would be \u201cdisastrous,\u201d and that such military action could be \u201ctheir new Chechnya.\u201d<\/p>\n<p>When asked about the withdrawal of some staff from the British Embassy in Ukraine, Johnson said that the threat of an invasion has become clear.<\/p>\n<p>\u201cThe intelligence is very clear that there are 60 Russian battle groups on the borders of Ukraine, the plan for a lightning war that could take out Kyiv is one that everybody can see,\u201d Johnson said. \u201cWe need to make it very clear to the Kremlin, to Russia, that that would be a disastrous step.\u201d<\/p>\n<p>Ian Haworth is an Editor and Writer for The Daily Wire. Follow him on Twitter at<a href=\"https:\/\/twitter.com\/ighaworth\"> @ighaworth<\/a>.<\/p>\n<p>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a<a href=\"https:\/\/www.dailywire.com\/subscribe\"> member<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In just 24 hours, $130 billion was wiped off cryptocurrency markets as multiple coins \u2014 including Bitcoin \u2014 dropped to multi-month lows, in response to investor concerns and rising tensions over the potentially impending Russian invasion of Ukraine. Bitcoin did experience a moderate return to positive territory on Monday after the coin continued to slide, &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1236303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1236303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1236303"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1236303\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1236303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1236303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1236303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}