The war is taking long but the people of Ukraine is still fighting for their rights , Russia have shown their power yet the opposing country is standing strong .
the effect in crypto is just a short period because looking in to it now? the war is still on but the crypto market is showing strong movement specially now 2024 that the climbing is continuing opposite for what we expect that may dump in the early month.
In the war against Ukraine, Russia demonstrated its weakness, not its strength. All states, without exception, were confident that in a short time Russia would capture Kyiv and the entire territory of Ukraine. But that did not happen. Due to the massive invasion of armored vehicles simultaneously from the north (from the territory of Belarus), east and south, in the first days Russian troops were even able to approach the outskirts of Kiev, but then received such a rebuff that after two months they were forced to hastily withdraw their half-defeated armies from the northern and central parts of Ukraine. After this, the Ukrainian Armed Forces liberated more than 50 percent of the occupied territory of Ukraine and continue to provide worthy resistance to the aggressor.
Russian military equipment also showed its worst side on the battlefield. Western weapons turned out to be much longer-range, more accurate and more effective than Russian ones, as a result of which Russia began to massively lose orders for the sale of its military equipment.
As a result, Russia lost its former influence on global global processes; the world no longer feared or respected it.
As for cryptocurrency, the war has had virtually no noticeable impact on it yet. But in the future this situation may change.