{"id":222853,"date":"2022-03-04T11:10:29","date_gmt":"2022-03-04T11:10:29","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=222853"},"modified":"2022-03-04T14:17:04","modified_gmt":"2022-03-04T14:17:04","slug":"crypto-prices-fall-amid-fears-of-nuclear-disaster-in-europe","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/crypto-prices-fall-amid-fears-of-nuclear-disaster-in-europe\/","title":{"rendered":"Crypto prices fall amid fears of nuclear disaster in Europe"},"content":{"rendered":"<p>Europe is waking up to the news that there has been an attack involving nuclear materials in <a href=\"https:\/\/cryptoslate.com\/places\/ukraine\/\">Ukraine<\/a>. Europe's largest nuclear power plant, Zaporizhzhia, was shelled by Russian forces, with<a href=\"https:\/\/twitter.com\/KyivIndependent\/status\/1499548007443968009\"> reports surfacing<\/a> around 1 am GMT. Footage of the blaze was captured via Livestream and showed fires breaking out outside of the main facility. The video appears to display what looks like flares being launched towards the power plant. It is possible that a flare caused the fire rather than being a direct result of the shelling.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\u26a1\ufe0fThis is what the situation at the <a href=\"https:\/\/twitter.com\/hashtag\/Zaporizhzhia?src=hash&ref_src=twsrc%5Etfw\">#Zaporizhzhia<\/a> NPP looks like right now <a href=\"https:\/\/t.co\/1q5qguBMLs\">pic.twitter.com\/1q5qguBMLs<\/a><\/p>\n<p>&mdash; NEXTA (@nexta_tv) <a href=\"https:\/\/twitter.com\/nexta_tv\/status\/1499533221188485126?ref_src=twsrc%5Etfw\">March 3, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Markets uneasy due to nuclear power plant fire<\/h2>\n<p>Stocks, futures and crypto prices tumbled as the news broke amid fears of a disaster even more significant than Chernobyl. S&P, DOW and NASDAQ Futures fell steeply, around 2%, in the minutes following the news.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#8230;the fuel can get so hot it catches fire \u2013 that, plus a shattering of the building, is really the worst-case scenario. That could release a quantity of radioactivity even worse than Chernobyl, potentially. (17\/x)<\/p>\n<p>&mdash; Managing the Atom (@ManagingtheAtom) <a href=\"https:\/\/twitter.com\/ManagingtheAtom\/status\/1499564172019126274?ref_src=twsrc%5Etfw\">March 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Nervousnesses increased during the night as world leaders ordered Russia to cease its attack on the nuclear facility. <a href=\"https:\/\/twitter.com\/BorisJohnson\/status\/1499582898927718412?s=20&t=5Pi2pxDFC09Fv9sDR3-5BQ\">Boris Johnson<\/a>, the Prime Minister of the United Kingdom, took to Twitter:<\/p>\n<blockquote><p>&#8220;Russia must immediately cease its attack on the power station and allow unfettered access for emergency services to the plant.&#8221;<\/p><\/blockquote>\n<p>The price of [cs_coin]BTC[cs_coin] pared losses on the day, falling to a low of $41,000 before recovering slightly. It is currently trading around 7% down from the local high seen on March 2.<\/p>\n<figure id=\"attachment_222857\" aria-describedby=\"caption-attachment-222857\" style=\"width: 718px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-222857\" style=\"margin-bottom: -1ex; margin-left: auto; margin-right: auto; width: 718px;\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/bitcoin-overnight.png\" alt=\"bitcoin overnight March 4\" width=\"718\" height=\"387\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/bitcoin-overnight.png 512w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/bitcoin-overnight-300x162.png 300w\" sizes=\"(max-width: 718px) 100vw, 718px\" \/><figcaption id=\"caption-attachment-222857\" class=\"wp-caption-text\">SOURCE:\u00a0<a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\">BTCUSD CHART BY TRADINGVIEW<\/a><\/figcaption><\/figure>\n<h2>Fears subside<\/h2>\n<p>Emergency services <a href=\"https:\/\/twitter.com\/nexta_tv\/status\/1499583325769453573\">extinguished the fire around 4 am GMT<\/a>, and firefighters are now on the scene. As fears subside world's largest cryptocurrency recovered to approximately $41,600 as it appears investors bought the dip around 8 am GMT.<\/p>\n<p>The International Atomic Energy Agency <a href=\"https:\/\/twitter.com\/iaeaorg\/status\/1499650364093698048\">has announced<\/a> that a press conference will be held at 10:30 CET today to report on the matter. If information arises to suggest that the situation is not, in fact, under control, then we could see further losses in both crypto and stock prices throughout the day. However, the risk to human life is the most significant concern.<\/p>\n<h2>Volatility continues<\/h2>\n<p><a href=\"https:\/\/twitter.com\/ChannelNewsAsia\/status\/1499555864440569859\">Current information<\/a> suggests that Russian forces are in control of the power plant. However, fighting could continue should Ukraine attempt to regain control. These fears may be responsible for the current instability in the market as [cs_coin]BTC[cs_coin] gave up its gains from this morning, dropping to around $40,800 before recovering back over $41,500 within minutes.<\/p>\n<figure id=\"attachment_222861\" aria-describedby=\"caption-attachment-222861\" style=\"width: 1806px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-222861\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/btc.jpg\" alt=\"BTC continues to fall\" width=\"1806\" height=\"1247\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/btc.jpg 1806w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/btc-300x207.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/btc-1024x707.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/btc-768x530.jpg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/btc-1536x1061.jpg 1536w\" sizes=\"(max-width: 1806px) 100vw, 1806px\" \/><figcaption id=\"caption-attachment-222861\" class=\"wp-caption-text\">SOURCE:\u00a0<a style=\"border-bottom: 0px !important;\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\">BTCUSD CHART BY TRADINGVIEW<\/a><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Europe is waking up to the news that there has been an attack involving nuclear materials in Ukraine. Europe&#8217;s largest nuclear power plant, Zaporizhzhia, was shelled by Russian forces, with reports surfacing around 1 am GMT. Footage of the blaze was captured via Livestream and showed fires breaking out outside of the main facility. The [&hellip;]<\/p>\n","protected":false},"author":1264,"featured_media":222875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120,15323],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto prices fall amid fears of nuclear disaster in Europe<\/title>\n<meta name=\"description\" content=\"Crypto prices remain volatile after concerns of Nuclear disaster in Europe subside. 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