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CoinDesk

Bitcoin Breaks Above $40K

Bitcoin, the world’s largest cryptocurrency by market capitalization, regained the key psychological threshold of $40,000 even as the situation with respect to Ukraine continued to deteriorate. “The move to isolate and cripple Russia’s economy seems to be reacted positively by the market at the moment,” said Lennard Neo, analyst at Stack Funds. Bitcoin (BTC) fell to as low as $37,000 over the weekend as Russian President Putin put his country’s nuclear forces on alert, and the West amped up what it hopes will be crippling financial sanctions.

Ukraine hospitals could run out of oxygen in 24 hours as war disrupts health services, WHO says

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