Some declines come in a flash, and that’s what’s started in the last few hours. Moreover, more seems likely in the next 24 hours. In cryptocurrenciesInvestors started to reduce their risks, especially in altcoins. US Treasury Secretary Bessent openly said that the big announcement would come as the market closes.
Decline in Cryptocurrencies
BTC It finds buyers at $107,600 and Trump and Xi are expected to meet in South Korea. US Secretary of State Rubio will be in Japan and South Korea between 26-30 October. We have seen threats of new sanctions, constructive statements about negotiation and more complicated things about China in the last 24 hours.
In the next 24 hours, we will see heavy sanctions coming for Russia. Today, we have seen leaks that the EU, as a bloc, is preparing for sanctions that are perhaps even more severe than before. Moreover, US Treasury Secretary Bessent announced that they will announce Russia sanctions either today or tomorrow as the markets close on Thursday.
“We will announce a very serious increase in Russian sanctions after the stock market closes today or first thing tomorrow morning.
President Putin did not come to the table as honestly and clearly as we had hoped. “The sanctions we will announce will be among the largest we have ever imposed on Russia.”
So, at the latest by market close tomorrow, probably by 16:30 on Friday, the USA will announce an unprecedented series of sanctions on Russia. It would not be surprising if the EU did the same thing simultaneously.
cryptocurrencies He won’t like this weather at all.
The War Heats Up
Trump today responded to the WSJ news that Ukraine was allowed to use long-range missiles. He wrote exactly this;
“The Wall Street Journal’s report that the US allowed Ukraine to use long-range missiles deep into Russia is FAKE NEWS! The US has nothing to do with these missiles, where they came from, or what Ukraine did with them!”
Even though this seemed like a denial or correction, it was actually a confirmation. to Ukraine He openly said that you can hit the center of Russia and its inner points in a devastating way with the missiles you have. If Russia isn’t coming to the table, it might be time to wear it down, and Trump pushed the button. Geopolitical risks say that there are no good times ahead.
