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Bitcoin, the Ukraine Crisis and the Central Bankers Dilemma

James Butterfill is Investment Strategist and Christopher Bendiksen is the Bitcoin Research Lead at major European digital asset investment firm CoinShares. __________ Bitcoin (BTC) had an immediate price response to the...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin, the Ukraine Crisis and the Central Bankers Dilemma
 
James Butterfill is Investment Strategist and Christopher Bendiksen is the Bitcoin Research Lead at major European digital asset investment firm CoinShares. 
__________
Bitcoin (BTC) had an immediate price response to the Ukraine invasion when the news broke early this morning. It has become evident that, at present, bitcoin is behaving as a risk asset, with prices dropping below the technical resistance levels of the 50 day and 200 day moving averages....
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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