Market Wrap: Cryptos Mixed Amid Global Uncertainty
- Date: 13-Mar-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Market Wrap: Cryptos Mixed Amid Global Uncertainty
Most cryptocurrencies traded lower on Friday, reversing gains from earlier this week.
Speculative assets such as stocks, cryptos and commodities have experienced sharp price moves over the past month, indicating a high degree of uncertainty among investors.
Bitcoin (BTC) rose as much as 7% during the London trading day after Russian President Vladimir Putin said there was “positive movement” in negotiations. Still, price gains were short-lived as warfare between Russia and Ukraine intensified on Friday.
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