Bitcoin and cryptocurrency prices have ricocheted over the last week as Russia’s invasion of Ukraine first tanked markets then sparked a bitcoin and crypto rally.
The bitcoin price, after dropping to lows of $35,000 per bitcoin last week, bounced to $45,000 this week on the back of a surge of bitcoin interest from sanction-fearing Russian billionaires and oligarchs. Other top ten coins ethereum, BNB, solana, cardano and XRP have also seen severe price volatility.
The bitcoin price has now dropped back as fears mount the Russia-Ukraine situation could spark harsh new crypto regulation. However, many bitcoin and crypto investors are feeling upbeat—and making bold crypto price predictions.
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