Bitcoin Ethereum and other Cryptos swing to gains after big losses on Russia news


Cryptocurrencies including bitcoin and ethereum nosedived on Thursday morning as investors reacted to Russia’s ruthless invasion of Ukraine — then made a dramatic recovery in the afternoon. 

Bitcoin fell about 4.5% on Thursday morning before surging to trade 3.2% in the green at $38,500 late Thursday in New York. Meanwhile, ethereum fell 6% to about $2,430 before recovering to be up 2.3% at $2,650 over the same period of time, according to Coinbase data. 


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