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First Mover Asia: Investors Flee Crypto, Higher Risk Assets on Mounting Ukraine Tensions

Bitcoin, ether and other major altcoins plummeted as a Russian invasion seemed more likely again. Investors also remained concerned about inflation.

By James Rubin, Damanick Dantes

Updated May 11, 2023, 5:25 p.m. Published Feb 17, 2022, 11:40 p.m.

WUPPERTAL, GERMANY - APRIL 08: A Kodiak bear enjoys lying in the sun at the Wuppertal Zoo on April 8, 2009 in Wuppertal, Germany. (Photo by Christof Koepsel/Getty Images)