One of the benefits for many investors and traders in cryptocurrency is the freedom from geopolitical impacts of the value of the crypto assets. However, the recent invasion of Ukraine by Russia has demonstrated that significant and potentially global types of political issues, such as war, can and will change the value of the cryptocurrency markets.
In the early phases of the invasion, the value of cryptocurrencies dropped significantly, according to crypto market news. Of course, this drop was not just reserved for the crypto market, with many financial markets across the world seeing dramatic drops in the value of all classes of investments and assets. While cryptocurrencies have recovered somewhat, the expectation is that the market will continue to be increasingly volatile over the next few days, weeks, and months.
The Volatility Issue
Leading market analysis and investment advisers report that any war, and in particular a war with signficant implications for the world, will create havoc in the markets. Investors may need to be flexible to take advantage of the rapid and volatile changes in the market to be able to avoid losses while creating the opportunity for profits. This means staying aware of changes in crypto market news.
The good news is that the same advisors and experts are encouraging investors to stay with their current long-range strategies for investing and trading. This is not unusual, with a long-term approach with any investment providing the benefit of peaks and valleys in the market that helps to cancel out the extremes for more consistent profitability.
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