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Russia-Ukraine tensions are a test of crypto’s mainstream adoption

Standard Chartered, Barclays, Goldman Sachs and UBS are just some of the names piling into cryptoassets

By

Brian Swint

Bitcoin has dropped alongside other crypto assets, while gold has climbed to an eight-month high
Bitcoin has dropped alongside other crypto assets, while gold has climbed to an eight-month high Photo: Carolina Cabral/Getty Images

The geopolitical tremors caused by Russia invading Ukraine are a test of whether cryptoassets have become as normalised as other investments.

So far, they are passing that test.

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