The breaking information just given by ABC News may reassure cryptocurrencies. Geopolitical tensions never affect cryptocurrencies, and we all remember what kind of rise we experienced when the Iran tensions disappeared. Now the process is progressing and we can see the same thing in Ukraine.
Ukrainian Peace and Cryptocurrencies
with cryptocurrencies You may ask what wars have to do with it, but the graphics tell us that it has something to do with it. With the start of the war in 2022, the decline in cryptocurrencies accelerated. Then we faced larger crypto-specific issues, which all added up to the November bottom. At this point today, Ukraine is running towards peace while the Fed is moving towards monetary expansion.
Ukraine peace agreement accepted the terms. The last-minute development, based on a US official speaking to US News, shows that we have come to the end of the long-running negotiation process. If the Ukrainian and Russian sides support this with official statements within a few hours, this will be good for cryptocurrencies.
There is information that negotiations on some minor items are continuing and the amnesty article has been removed from the 19-article plan. Yesterday, Trump also talked about this issue with the Chinese leader and said that they had a very good meeting and that he would go to Beijing in April. It is good that China also sees the agreement positively.
