Russia-Ukraine conflict wipes over $200 billion from crypto market

The market cap of all cryptocurrencies has plunged by $200 billion following Russia's invasion of Ukraine. The market cap of all cryptocurrencies now stands at approximately $1.56 trillion, down from a high of $1.77 trillion during the last 24 hours, data from CoinMarketCap showed. Bitcoin is trading just over $35,500, a decline of 9% in the last 24 hours.