On February 22, Riot Blockchain (RIOT.US) fell 10.25%, Marathon Digital (MARA.US) fell 10.93%, and Coinbase (COIN.US) fell 6.91%.
The situation in Russia and Ukraine deteriorated. Russian President Vladimir Putin signed a presidential decree yesterday recognizing the independence of the Donetsk People’s Republic and the Luhansk People’s Republic.
Subsequently, the EU announced that it would impose sanctions on Russia. European Commission vice-president and “foreign minister” Borrell said the EU will make a decision on Russia sanctions on Tuesday afternoon local time. Bitcoin and Ethereum fell by more than 5% within 24 hours, with Bitcoin at $37,121/piece and Ethereum at $2,546/piece.
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