Putin says ceasefire prompted by Ukraine security warnings, crypto markets react cautiously
Crypto Briefing
Vladimir Putin announced a brief ceasefire citing security concerns, while crypto markets reacted modestly and prediction markets remained skeptical of lasting peace.Summary
Russian President Vladimir Putin declared a two-day unilateral ceasefire to coincide with Victory Day preparations, resulting in a minor price increase for Bitcoin and Ethereum. However, Ukraine reported continued hostilities, and data from the prediction platform Polymarket indicates that bettors have decreased their confidence in a long-term ceasefire holding through June 2026. The article highlights how crypto assets serve as both a humanitarian funding tool for Ukraine and a potential sanctions-evasion mechanism for Russia, noting that market participants remain wary of the conflict's trajectory.
(Source：Crypto Briefing)