Bitcoin Price Holds Strong Despite Trump-Putin Meeting Fallout 🇺🇸🤝🇷🇺
Bitcoin (BTC) remains unshaken, staying around $118,000 despite the Trump-Putin peace talks failing to produce any breakthrough on a Ukraine ceasefire. 🛑
🚨 Key Meeting Takeaways:
Trump and Putin made progress on several issues, but the ceasefire remains elusive. 🔴
Putin called the talks a "starting point" for improving US-Russia relations, which are at their lowest since the Cold War. ❄️
Zelenskyy voiced concerns that Ukraine wasn't represented, fearing a potential compromise on its sovereignty. 🛡️
🔥 Crypto Market Reaction:
Despite the significance of the meeting, the crypto market remained surprisingly calm. Many expected volatility, but Bitcoin’s price dipped slightly before the meeting to $117,000 and quickly rebounded. 📉➡️📈
The PPI data release the day before had a much larger impact on Bitcoin's price, dropping from its all-time high of $124,500 to $117,000. 📊
As of now, Bitcoin is back above $118,000, showing resilience in the face of geopolitical uncertainty. 💪
🧐 What’s Next?
The Trump-Putin meeting may not have resulted in a peace deal, but Bitcoin’s stability shows that the market is influenced more by economic data than political talks. BTC continues to be a strong player, unaffected by external turmoil—at least for now! 🌍
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