Cryptocurrencies slipped further on Monday morning as investors seek safe havens amid growing concerns around Russia's invasion of Ukraine. The upturn in digital currencies in the latter half of February was attributed to Russians buying cryptos to evade sanctions from Western powers, but that was swiftly debunked last week. On Monday morning, Bitcoin was down 3.5% over the past 24 hours at US$38,060, back to where it was at the end of last month. Its largest rival by market value, Ethereum, slightly outpaced Bitcoin in its decline, falling 4.5% to US$2,528.
The Crypto Report: Bitcoin and Ethereum woes continue on growing Ukraine fears
