Trump expresses hope for extended Russia-Ukraine ceasefire as crypto markets react
Crypto Briefing
Bitcoin surpassed $80,000 as markets responded to a potential Russia-Ukraine ceasefire extension discussed by President Trump.Summary
A three-day ceasefire between Russia and Ukraine has triggered a rally in Bitcoin, with prices climbing above $80,000. President Trump has signaled optimism regarding a potential extension of this truce beyond May 11, potentially reaching as far as June 30. While the market views this development as a positive geopolitical shift, experts warn that the rally is largely sentiment-driven. Investors are advised to monitor the progress of a planned 1,000-person prisoner exchange and the actual stability of the ceasefire before assuming a lasting resolution to the conflict.
(Source：Crypto Briefing)