Former US President Donald Trump shared his views on the ongoing war between Russia and Ukraine and the role of NATO in the conflict.
Trump's Opinion on the War
Donald Trump believes that the war between Russia and Ukraine could come to an end soon if NATO follows his directives. He stated that the conflict would not have started if he had remained President. Trump emphasized that this is Biden's and Zelensky's war.
Approaches to Sanctions
Trump urged all NATO countries to stop buying oil from Russia, which he believes will weaken Russia's negotiating power. He also called for major sanctions against Russia once all NATO nations agree. Furthermore, he suggested imposing tariffs on China of 50-100% to weaken its influence over Russia.
Impact on the Cryptocurrency Market
Analysts suggest that such statements from Trump may affect the volatile cryptocurrency markets. However, Bitcoin has shown resilience, increasing nearly 5% over the past week and hovering close to $116,000.
Donald Trump emphasizes the potential for a swift conclusion to the military actions with active NATO cooperation, while the cryptocurrency market remains largely unaffected by these recent threats.