Europe's 2nd largest Nuclear Power plant in Zaporizhzhia, Ukraine is on fire. Attacked by Russian forces. Stock indexes plunge, Russian oil and Bitcoin transactions could be the next major sanctions.
The NASDAQ futures has crashed over 2% as it has been reported that Russia armed forces have attacked the southeastern city of Zaporizhzhia's nuclear power plant, the 2nd largest in Europe. With it now on fire, Putin's blunt and reckless invasion of Ukraine is taking a very much a turn for the worst. The West will no doubt ban all Russian energy contracts, eyes on oil heading towards $150+.
Chart 1 above shows the NASDAQ, S&P 500 and Dow futures that have tanked on the news. Chart 2 shows Bitcoin following the NASDQ down, to watch, will be Western governments clamping down on Russians try to use Bitcoin (BTC) as a safe haven. This could strip the e-coin of value to its 2022 lows of $34500 and if a deleveraging and capitulation takes place, who knows what will be in store for BTC.
Comments
Post a Comment