The United States and world leaders rushed to condemn Russia as Russia launched an offensive in Ukraine early Thursday morning, warning of dire consequences for its actions.

Ignoring international condemnation and sanctions, Russian troops have launched their unprovoked attack on Ukraine and warned other countries that any attempt to intervene would have “consequences you have never seen.”

Attack on Ukraine deals heavy pounding on bitcoin

Bitcoin prices plummeted after Putin announced on live television a “special military operation” to complete the “demilitarization” of Ukraine.

According to CoinMarketCap data, the total cryptocurrency market value has fallen nearly 5% to $ 1.6 trillion in the last 24 hours.

A significant portion of such damage occurred in the early days of the Russian invasion. In less than 30 minutes, Bitcoin has fallen from a high of $ 37,000 to a low of $ 35,500.

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BTC total market cap at $658.004 billion in the daily chart | Source: TradingView.com

Statements of some world leaders

Antonio Guterres, Secretary-General of the United Nations:

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“In the interest of humanity, bring your troops back to Russia, President Putin. In the name of humanity, let the worst war in this century not start in Europe.

Sauli Ninisto, President of Finland:

“I strongly condemn Russia’s military action in Ukraine. Russia’s actions are directed at Ukraine, but it also constitutes an attack on the entire European security system.

Dmitry Kuleba, Foreign Minister of Ukraine:

“Putin has just launched a major offensive in Ukraine. Strikes continue in peaceful cities of Ukraine. It is a war of aggression. The world needs to stop Putin. It’s time to dump her and move on. “

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Jens Stoltenberg, NATO Secretary General:

“I strongly oppose Russia’s reckless war on Ukraine, which threatens the lives of civilians. This is a clear violation of international law and a serious threat to the Euro-Atlantic security community. “

Barbara Woodward, British Ambassador to the United Nations:

“Today is a critical moment for the founding ideals of Ukraine and the United Nations. We and our partners have made it clear that Russia’s action will have consequences. “

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The global market has been hit

Meanwhile, it is not just the cryptocurrency market that is in turmoil. Today, U.S. stock markets have begun their decline in the correctional zone, with the Dow Jones Industrial Average falling nearly 2%.

Open Asian markets are also reacting during Putin’s speech; The Nikkei fell 1%, while China’s Hang Seng index fell more than 2%.

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Featured image from Forbes, chart from TradingView.com

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