The war that Russia started against Ukraine has long gone beyond the borders of these two countries. Gradually, two opposing blocs of states are being formed, depending on who they support in this war - Ukraine or Russia. Of course, almost the entire civilized world supports Ukraine, now more than 50 different states provide military, financial, material assistance to Ukraine. Russia, on the other hand, is provided with military and other assistance by several state governments with an authoritarian form of government, including Belarus, Iran, North Korea, as well as partially China and some other countries.
Now huge material costs are being spent by the majority of states on this war, either to eliminate its consequences, or to limit it due to the introduction of economic sanctions against Russia. As a result, the economies of most covid-weakened states continue to fall. And this cannot but affect the deterioration of the material well-being of their citizens. In turn, the low purchasing power of citizens leads to a decrease in demand for cryptocurrency. Everything in this world is interconnected.