Amidst a recent trade agreement between the US and the EU that positively affected the cryptocurrency market, Trump issued an ultimatum to Putin. This event influences both political and economic scenarios.
Political Situation Between the US and Russia
In 2022, Putin's attack on Ukraine adversely affected the cryptocurrency market. Trump, now a former president, has given Putin a 50-day ultimatum to resolve conflictual issues, emphasizing the importance of this pressure. Trump stated:
"I am very disappointed with Russia's President Putin, shortening the 50 days I initially gave him."
The negative consequences of the war continue to affect international relations and the economy.
Current Trends in the Cryptocurrency Market
Cryptocurrencies are showing positive changes, especially Bitcoin testing the $120 level again and Ethereum aiming to reach $4,000. Positive expectations from the trade agreement between the US and the EU have contributed to the strengthening of the dollar against G10 currencies.
Economic Forecasts and Expectations
This week, key economic data from the US is expected, including the JOLTS employment report and CB Consumer Confidence Index. These reports are anticipated to impact market sentiment and strengthen investor confidence. Earnings reports from major companies like Boeing, Visa, and PayPal are also slated, which may add volatility.
The diplomatic tension between the US and Russia, along with the positive changes in the cryptocurrency market, creates a unique situation for investors. Attention is drawn to current economic forecasts and their potential impact on the future.
