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How the Ukraine war could impact investors’ crypto choices

Unlike traditional assets like stocks and bonds, crypto has not been tested by long-term bear markets

Tom Taulli is a freelance writer, author, and former broker. He is also an enrolled agent, which allows him to represent clients before the IRS

When Russia invaded Ukraine on 24 February, cryptocurrencies posted strong gains. Bitcoin rallied from $38,300 to $44,400, and Ether jumped to $3,000, up from $2,400.

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