[이코노믹리뷰=최진홍 기자] On the 19th, the price of Bitcoin was pushed below $40,000. Following the pressure from each country to raise interest rates, the situation in Ukraine also overlaps, creating an atmosphere of uncertainty.
The decline in the bitcoin price is in line with the Ukraine crisis. With the possibility of a Russian invasion of Ukraine being raised and the international situation is on a thin ice, the local situation is worsening, and investors are deepening their concerns.
In fact, U.S. President Joe Biden said in an emergency statement on the 18th (local time) that Russia’s invasion of Ukraine was counting. There are reports that Russia has withdrawn some of its troops from the border, but it is argued that the possibility of war is increasing.
President Biden said he had “found reason to believe that the Russian military is trying to attack Ukraine in the coming weeks or days.”
Russia’s aid has begun in earnest in Donbas, a disputed area between Ukraine and Russia, and there are even rumors that a local battle is taking place there. Indeed, Yashar Halit Chevik, head of the Organization for Security and Cooperation in Europe (OSCE) Ukraine Special Observatory, said there were more than 500 clashes.
There are even conflicting claims that the Ukrainian government forces bombarded the rebels, or that the rebels opened fire on the Ukrainian government forces.
Each country has a policy of resolving the problem through diplomacy, but it is unlikely that the situation will improve in the short term. At the UN Security Council meeting in New York, Secretary Tony Blincoln decided that the Russian invasion was a known fact, and it is analyzed that the power struggle between the two sides is intensifying.
As a result, the global energy supply chain and the overall economy are shaken, and the Bitcoin price, which loses its status as a digital safe asset and synchronizes with the real economy, is declining. If the tapering of each country starts, such as the US starts to raise interest rates in March, the possibility of a further decline in the Bitcoin price is weighed. Warnings are growing that the $40,000 mark could collapse in the short term.