Bitcoin Loses Its Golden Stature

Published by
The Street

By Rob Lenihan Crypto prices are falling, damaging digital currencies’ image as a safe haven and an alternative to gold. When the shooting starts, there is no safe haven. Cryptocurrency prices got a hard lesson in reality Thursday when Russian launched its attack on Ukraine. The conflict sent gold and oil prices soaring, while stocks and crypto headed south. ‘Ethereum is Neutral, but I Am Not’Bitcoin was down 5.1% to $35,882 at last check, according to CoinGecko, while ethereum was down 7.7% to 2,441 and dogecoin was off 10.2% to $0.117699. The invasion had an emotional impact on Vitaly Dmitri…

Read More