Just In: Crypto Market Fumbles As Vladimir Putin Says “Risk Of Nuclear War Rising”

In a televised Human Rights Council meeting on Wednesday, Russian President Vladimir Putin provided a comprehensive public war update. The President further states that the risk of a nuclear war is rising, and insisted that Russia had not “gone mad”, instead it sees its own nuclear arsenal as a purely defensive measure.

Putin Points At U.S.

Putin added that the United States had placed the so-called “tactical” nuclear weapons in other nations, and not Russia — and that he would protect its territory and its allies “with all possible measures.”

This was a reference to the notion that several of the U.S.’s tactical nukes are hosted by NATO defense allies in Europe, including those that extend as far east as Turkey.

Putin at the meeting with Human Rights council of Russia: the threat of nuclear war is increasing, but Russia will not use the nuclear weapons first, however it will not use the nuclear weapons second, because it will not be possible after nuclear strike at Russia pic.twitter.com/IrgLe9EWiM

— Liveuamap (@Liveuamap) December 7, 2022

“Yes, we will do this by various ways and means. First of all, of course, we will focus on peaceful means, but if nothing else remains, we will defend ourselves with all the means at our disposal,” Putin said.

During the session, Putin was also found to state:

Our nuclear forces are in a more advanced state than any other country in the world.

Russia’s Ongoing Ukraine Tussle

Putin attempted to put an end to persistent rumors of a second military mobilization across society in 2023 during the ongoing session of the Human Rights Council with other high-ranking officials. After the previous 300,000 reservists were called up for Ukraine operations, he stated that there was no need for any more to be called up.

He stressed the importance of the operation going through to its completion in order to achieve the aims that he had previously publicly stated: “Russia could be the only guarantor of Ukraine’s territorial integrity. But it’s up to the new leaders of Ukraine,” Putin remarked.

Crypto Market Reaction

Following the news, the crypto market dipped by an inconsequential margin with Bitcoin and Ethereum both slipping marginally over 0.1% in the past thirty minutes.

Bitcoin currently trades at 16,800 while Ethereum has fallen to $1215, at the time of writing.

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