China Equities Woes, Tensions With the US Have Barely Touched Bitcoin; Cryptos Climb

Russia continued to pound the Ukraine capital Kyiv and other major cities, which faced humanitarian crises the likes of which have not been seen in Europe for decades. On Tuesday, the U.K. removed Russia from its most favored trade status. Most favored trade status, a principle established by the World Trade Organization, guarantees equal tariff and regulatory treatment among members of the group. Russia now faces a 35% increase above the usual tariffs on goods. On Monday, an employee of Russia’s state TV ran onto a live newscast holding a poster protesting the war. Her whereabouts are currently unknown.

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