Russia-Ukraine conflict continues to play havoc on crypto prices

Feb 17, 2022 By: BI India Bureau Credit: Canva

Russia claimed that it was withdrawing troops from near the Ukraine border

Leading to a temporary relief rally Credit: Canva

With NATO accusing Russia of doing the exact opposite

Prices are down in the dumps again Credit: Canva

Despite the short-run fluctuations

Analysts believe that longer-term fundamentals of leading coins continue to strengthen Credit: Canva

As things stand, Bitcoin is priced at ₹33 lakh

The cryptocurrency has been trading flat in the last 24 hours Credit: Canva

Ethereum is trading at ₹2.3 lakh

Its price has taken a hit a 1.5 percent since yesterday Credit: Canva

Binance Coin’s rate is at ₹32,086

It has also dipped by 1.5 percent over the course of the day Credit: Canva

Cardano’s value stands at ₹81.77

Another coin that’s down by 1.5 percent since yesterday

Solana is priced at ₹7,517

It has taken a heavier hit of 3.2 percent in the last 24 hours Credit: Canva

Meanwhile, Avalanche is trading at ₹7,237

It continues to buck the trend by rising 1.8 percent since yesterday

Terra’s LUNA token is trading at ₹4,196

The cryptocurrency has been trading flat over the course of the day Credit: Canva

Dogecoin is priced at ₹11.19

It’s down by 1.13 percent since yesterday Credit: Canva

Polkadot’s value stands at ₹1,479

It’s down by 1.4 percent in the last 24 hours Credit: Canva

Disclaimer

These are top cryptocurrencies by volume according to Coinbase | Crypto prices in rupees updated as of February 17, 9:00 am IST and may change over the course of the day. Credit: Canva

Avalanche gains as tensions between Russia and Ukraine simmer down