Recently, the international community has been buzzing - the White House is considering holding the Russia-Ukraine leaders' summit in Hungary! This may seem like a major diplomatic event, but we in the crypto world need to ponder: with geopolitical changes, will the digital assets in our wallets also shake?

Why has Hungary become so sought after? Orban plays a masterful balancing act.

Hungary, in the context of the Russia-Ukraine issue, is simply a 'thorn in the side' of the EU:

  • Refusing to sanction Russia: The EU is shouting to ban Russia, but Hungary is directly ignoring it - not participating, not following up, and even not hanging the Ukrainian flag;

  • Calling Russia a brother: not expelling Russian diplomats, the embassy in Hungary is still one of the largest in Europe;

  • Publicly siding with Putin: Orban says 'NATO's eastward expansion forced Russia to take action,' this has made Ukraine furious, but the U.S. surprisingly hasn't turned against Hungary!

Why is the White House interested in this place?
Hungary's location is practically a 'buffer zone': not far from Russia and Ukraine, yet holding the title of an EU member state, and crucially, Orban gets along with both Putin and Trump! If you ask me, choosing this place is like choosing a cryptocurrency - you need to find one that doesn't take sides but can build bridges, even more stable than Switzerland!

What impact does this have on the crypto world? The historical lessons are too profound!

Don't underestimate geopolitics; when the Russia-Ukraine conflict started in 2022, Bitcoin was halved to $30,000! How did it recover later?

  • Russia kicked out of SWIFT: citizens rush to buy Bitcoin for safety, USDT is trading at a premium of over 5% in Russia;

  • The Ukrainian government calls for donations: the global crypto community has poured over $100 million, directly pushing Bitcoin from $34,000 back to $39,000;

  • On-chain payments become a battlefield: Russia uses cryptocurrency to bypass sanctions, Ukraine buys drones with crypto, this wave of actions has completely taken the crypto world out of its bubble!

If this summit goes ahead, the crypto world must keep a close eye on two signals:

  1. Cooling down the conflict: if a result is truly reached, gold may fall, and Bitcoin's safe-haven property might be questioned;

  2. Easing sanctions: if Russia can catch its breath, the domestic demand for cryptocurrency in Russia may cool down, but global regulatory pressure might actually increase!

The final piece of truth

In Hungary, what appears to be a diplomatic stage is actually a bargaining chip in the great power game. We in the crypto world shouldn't just watch the excitement, we need to think - as geopolitical tensions ease and tighten, the flow of funds can go up and down like a roller coaster!

Five years ago, when the Russia-Ukraine conflict started, my Bitcoin directly shrank by 40%; now I've learned my lesson - reduce positions before major events, and wait for trends to clarify before bottom fishing!

Hit the follow button, and I will highlight key points for you before the next geopolitical turmoil! Let's enjoy the bull market feast together! #俄乌冲突即将结束？