With the worst fears coming true after Russia attacked Ukraine, the ripples of the same are being felt across the financial markets the world over. The ensuing geopolitical tensions are taking a toll on the cryptocurrency market with Bitcoin entering a phase of free fall. The same applies to the equities market as well even though gold prices have seen a steady increase in its price. Besides, oil, base metals, and agriculture commodities too have seen an increase in their price. The US dollar and the Japanese Yen too have been going northwards and have seen their stature grow as currency market safe havens.