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Bitcoin spikes above $40K as potential ‘positive shifts’ arise between Russia and Ukraine -Breaking

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© Reuters

(BTC) saw instant volatility on March 11 amid the hope that the Russia–Ukraine conflict could find a diplomatic solution.

1-hour candlechart (Bitstamp). TradingView

Source: Cointelegraph Markets Pro TradingViewBTC/USD surge briefly to $1,400 but then reversed and consolidated below $40,000 by March 11.

BTC/USD shorts 1-day Candle chart (Bitfinex). TradingView
Chart of crypto liquidations. Source: Coinglass