By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: Crypto Markets Shrug Off Ukraine as Regional Issue
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Crypto > Bitcoin > Crypto Markets Shrug Off Ukraine as Regional Issue
Bitcoin

Crypto Markets Shrug Off Ukraine as Regional Issue

Shayne Heffernan Ph.D.
Last updated: February 25, 2022 5:12 am
Shayne Heffernan Ph.D.
Share
4 Min Read
w1280 p16x9 2022 02 24T042135Z 778892605 RC24QS9QGHG0 RTRMADP 3 UKRAINE CRISIS 1
SHARE

Crypto and Equities bounced back Friday from the previous day’s rout with investors taking their lead from a rally on Wall Street after Washington decided against imposing the stiffest sanctions on Russia over its invasion of Ukraine.

Russian President Vladimir Putin’s decision to send troops into Ukraine sent shockwaves through Asian and European markets and sent oil past $100 for the first time since 2014 as traders contemplated a major conflict in Eastern Europe.

Speculation had been growing for weeks about an incursion, which has stoked fears about supplies of key commodities including wheat, metals and crude.

Investors have also been fretting over the impact of any sanctions Western leaders would impose on Moscow.

Despite a chorus of outrage at Putin’s move, the punishments have so far been seen as well short of the most stringent.

While the latest measures from Washington target Russia’s two largest banks and see controls on high-tech items aimed at crippling its defence and aerospace sectors, US President Joe Biden has not cut off oil exports.

The news provided a big boost to Wall Street, where all three main indexes surged from deep in the red to end Thursday on a positive note, while crude eased back below $100.

The Nasdaq was the standout performer, ending more than three percent higher as commentators said the crisis could keep the Federal Reserve from embarking on an aggressive series of interest rate hikes to tame inflation.

Tech firms are more susceptible to higher borrowing costs and have been hammered in recent months on bets for tighter monetary policy.

“Stocks don’t always move in the way we expect them to,” Callie Cox, at trading platform eToro, said on Bloomberg’s “QuickTake Stock” broadcast.

“We’re sitting here processing these headlines and trying to understand what they mean for the global economy, but first and foremost, fear is a contrarian indicator.

“While we’re all rightfully fearful right now, some investors may be seeing this as a time to jump back in.”

The gains in New York filtered through to Asia, where Tokyo, Shanghai, Seoul, Singapore and Wellington all rose more than one percent. Hong Kong, Sydney, Taipei and Jakarta were also up.

Still, oil rose again with Brent back above $100 a barrel as traders remained sensitive to headlines and analysts warned the conflict could keep prices elevated for months.

The caution came despite signs of progress on Iran nuclear talks that could see it begin exporting crude globally again, ramping up supplies at a time when demand is soaring as the world reopens.

While there is talk that the Ukraine crisis could lead the Fed to rethink its plans for tightening monetary policy, there were warnings bank boss Jerome Powell was not likely to be swayed by equity market losses.

“If investors are bidding up the Nasdaq 100 because they think Putin brought back the Powell Put, they may be sadly disappointed,” Max Gokhman, of AlphaTrAI, said referring to the idea the Fed would step in to support stocks from suffering hefty losses.

“The Fed isn’t going to stop tightening when the US labour market remains tight and growth is above-trend.”

Meanwhile, Federal Reserve Governor Christopher Waller said Thursday the US economy was healthy enough to withstand a rise in rates to one percent by summer with a 50 basis point move next month — double the usual amount in a single hike.

However, he admitted that the Ukraine crisis could force officials to rethink their plans.

You Might Also Like

Ferrari Hypersail

Banking Apocalypse, Bitcoin’s Just the Beginning

Bitcoin at ATH, What Next?

St. Francis: The Deeds You Do Today

Tokenization and the Future of Financial Markets

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By Shayne Heffernan Ph.D.
Follow:
Shayne Heffernan Ph.D. Economist at Knightsbridge holds a Ph.D. in Economics and brings with him over 40 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Crypto, Mining, Shipping, Technology and Financial Services.
Previous Article fg Glen Boss and the International Jockeys Challenge
Next Article mentosTOP Health: Avoid Diet Soda it is a Trap 
Buy Bitcoin

Buy Bitcoin

Latest News

photo 2025 03 03 07 22 06
InfoFi: The Latest Abomination in Crypto
Crypto Featured Headline News Shayne Heffernan on Investments July 10, 2025
czi0oawj8y561
Asia’s Growth Resilience Amid U.S. Tariffs
America Asia Asia Business Featured Headline News KXCO Politics USD July 10, 2025
trump comp 835dbf
What We Know Exists in the Epstein Files
America Headline News Opinion Politics Shayne Heffernan July 8, 2025
Ethereum Co Founder Supports Coin Center with 320 ETH
Ethereum Trading Outlook
Crypto Ethereum Featured Headline News KXCO Opinion Shayne Heffernan Shayne Heffernan Shayne Heffernan on Investments USD July 8, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?