Russia’s military intervention in Ukraine has provoked a strong reaction from the cryptocurrency community. The news of the invasion initially pushed down the price of () and other cryptocurrencies.
Since then, the US government has responded to the Russian invasion with strict economic sanctions that have helped cryptocurrency prices recover from their initial crash. Amidst all the doom and gloom, there are some hopeful voices among cryptocurrency enthusiasts.
The co-founder of Vitalik Buterin, a Russian national, expressed his opposition to the Russian invasion and said that the country should not have abandoned the prospect of a peaceful resolution of the conflict.
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