Bitcoin in Stasis Near $37K, Gold Extends Gains as Russia Starts Ukraine Invasion

Bitcoin in Stasis Near $37K, Gold Extends Gains as Russia Starts Ukraine Invasion

Bitcoin was directionless during the early European hours on Tuesday while traditional markets saw another wave of risk aversion as Russian President Vladimir Putin ordered troops to move into eastern Ukraine.

The top cryptocurrency traded largely unchanged on the day near $37,000 at 08:30 UTC, according to CoinDesk data.

Gold jumped to fresh eight-month highs of $1,914 per ounce, before trimming gains.