Bitcoin and other crypto prices recover as Russia gets hit with sanctions
Feb 25, 2022
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Bitcoin, Ethereum and other leading cryptocurrencies are back in the green
After seeing over $200 billion wiped from the market yesterday
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The fall in crypto prices came as Russia attacked Ukraine
Today, both the US and UK are imposing sanctions on the country
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The funds of the Russia’s biggest banks will be frozen
And, imports are going to get slashed in half
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As things stand, Bitcoin is currently trading at ₹29 lakh
It has jumped by 11.6 percent in the last 24 hours
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Ethereum’s price is at ₹1.97 lakh
An increase of over 10 percent since yesterday
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Binance Coin is priced at ₹27,465
It’s value is up by 7.9 percent over the course of the day
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Cardano has managed to climb back up as well
It’s trading at ₹64.19, up by 5.9 percent as compared to yesterday
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Solana is seeing a bigger recovery of nearly 17 percent in 24 hours
The SOL token is currently exchanging at ₹6,722
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Terra was one of the lesser hit cryptocurrencies when the Ukraine-Russia crisis broke out
And, now it’s one of the biggest gainers are the market recovers
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The LUNA token is now trading at ₹5,024
It’s value has jumped by a massive 21 percent over the course of the day
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Avalanche is no slouch either at ₹5,684
The cryptocurrency has climbed by 12 percent since yesterday
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Dogecoin is in the green, but hasn’t made up for the hit it took during yesterday’s market crash
The meme coin continues to trade under ₹10
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Dogecoin is trading at ₹9.7
It’s value has recovered by by 6.6 percent in 24 hours
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Polkadot is trading at ₹1,215
Its value has increased by over 8 percent since yesterday
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Disclaimer
These are the top cryptocurrencies by volume according to Coinbase | Prices updated as of February 25, 9:30 am IST and may change over the course of the day
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