Bitcoin’s price fell below $40,000 at the start of the week before rising. last week, it reclaimed the $41,000 mark. ethereum has taken a similar path, falling below $3,000 earlier this week before quickly recovering.

the war in ukraine, which has forced millions of ukrainians to flee and killed thousands, is one of many factors contributing to increased volatility in the crypto and stock markets. the use of cryptocurrency is growing in popularity.

bitcoin is the most valuable cryptocurrency in terms of market capitalization, and it serves as a useful barometer for the overall crypto market, as other coins such as ethereum (and smaller altcoins) tend to follow its lead. despite the fact that bitcoin recently hit a new all-time high.