With the rise and escalation of the crisis in the West between Russia and Ukraine, after Russian President Putin’s orders to enter the separatist regions in eastern Ukraine, the order of the Russian invasion of Ukraine has become closer than ever, bringing with it fluctuations in global financial markets at the opening session of the week yesterday, Monday, despite the absence of American markets Missed due to the President’s Day holiday.

In an emergency session of the UN Security Council held on Monday to discuss the developments in Ukraine, the Secretary-General of the Council indicated that Russia’s decision to recognize the independence of Donetsk and Luhansk regions is a violation of Ukraine’s territory and sovereignty and contradicts the Charter of the United Nations.

The United States of America announced that it will impose new sanctions on Russia today, Tuesday, in response to the Russian decision, which raised fears in the markets.

The general index of the US dollar has been stable since the opening of the week yesterday, Monday, at levels of 96.10, affected by the absence of US markets and the lack of liquidity, ignoring the declines in the yield on US Treasury bonds.

The most prominent beneficiary of these movements during the opening session was the yellow metal, which is trading at the highest levels of 1900 dollars for the first time since May last year, taking advantage of its status as one of the most important safe havens in the markets.

On the other hand, global stocks are turning red, affected by these developments, as the Dow Jones Industrial Average in the futures markets loses about 500 points before the opening of the session today, Tuesday, and the Nasdaq loses more than 300 points.

The cryptocurrency markets are one of the biggest affected during today’s session, as the market value of the cryptocurrency market is declining, according to the Coingecko website, which includes more than 12 thousand cryptocurrencies, by about 7.6% this morning.

Digital currencies are classified as one of the high-risk markets, and accordingly they become one of the biggest affected in times of anxiety and tension, and they interact positively with the return of calm and the rise in risk appetite.

Bitcoin is losing about 6% when trading at levels of 36,824 thousand dollars, while Ethereum is losing about 8% when it is trading at 2,519 thousand dollars. In contrast, the Ripple and Cardano currencies are declining by about 14%, trading at 0.6898 and 0.8376 levels, respectively.