Cryptocurrency investors were eagerly awaiting the secondary sanctions promised by Trump. These sanctions could significantly impact oil prices and the overall market.
Market Movements in Cryptocurrency
The secondary sanctions expected against Russia are drawing immense interest. As these sanctions loom, Bitcoin (BTC) has started to rise, and Ethereum (ETH) is trading above $4000. The anticipation of real steps from the U.S. supports optimism in the cryptocurrency market.
Possible Concessions from Putin
According to WSJ sources, Putin is ready to cease hostilities in exchange for Eastern Ukraine, proposing to settle the issue should Donbas be ceded. Considering the current occupation of significant portions of Donetsk and Luhansk, this matter remains contentious.
Trump's Statements on Peace Talks
Trump indicated that he is prepared to offer more details about the talks with Russia, emphasizing that the President of Ukraine must be ready for new agreements. "We want to reclaim some territories and make exchanges," he added. Additional tariffs imposed against India may also play a role in the potential end of the conflict.
Trump's actions and potential peace talks with Putin could have significant implications for the cryptocurrency market, especially concerning its stability and development amid global economic changes.