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Bitcoin, the Ukraine Crisis and the Central Bankers Dilemma James Butterfill is Investment Strategist and Christopher Bendiksen is the Bitcoin Research Lead at major European digital asset investment firm CoinShares. __________ Bitcoin (BTC) had an immediate price response to the Ukraine invasion when the news broke early this morning. It has become evident that, at present, bitcoin is behaving as a risk asset, with prices dropping below the technical resistance levels of the 50 day and 200 day moving averages....
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