Feb 25, 2022
The news could herald a potential de-escalation in the Russia-Ukraine conflict, which has roiled financial markets this month.
“The United States and NATO have long ignored Russia’s reasonable security concerns, repeatedly reneged on their commitments, and continued to advance military deployment eastward, challenging Russia’s strategic bottom line,” Putin told Xi “Russia is willing to conduct high-level negotiations with Ukraine.”
Russia’s invasion had rattled crypto, knocking as much as $500 billion from market capitalization this month. Sentiment had also been battered into “extreme fear.”
Russia’s move was widely condemned by global leaders, and had also invited economic sanctions from Japan, Canada and the European Union.
Tether had the largest volumes among its peers in the past 24 hours, at about $62 billion.
Tether had the largest volumes among its peers in the past 24 hours, at about $62 billion.