Russia is at war now

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2 years ago

Russia is at war now

Hours before the writing of this blog article Russia has conducted military operations into Ukraine territory. They've started the attack with missile and rocket attacks so far as of writing this blog. The U.N has held an emergency meeting in response to Russia's attack. However the Russia have veto power and are likely to just veto any acts. I want to cover what this means for everyone in this article so without further more lets get dive into the article.       

Investments

Now the one thing that is feeling the cost of this war as we speak is investment assets. Cryptocurrency is feeling the immediate effects as I write this blog With bitcoin already going down 6 percent. The stock market is expected to suffer in the waking hours of the U.S. we can expect a bear market to come now for the cryptocurrency market as risk on assets are going to suffer the most. With cryptocurrency being one of the most riskiest assets it's likely to suffer the most. We can most likely see the stock market come down to a bear market as well as it's already been suffering lately as well. Only time will tell what happens with the markets but don't expect anything to good to come from this news.  

My Final Words     

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2 years ago

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