Ukraine agrees with the American proposal for a 30-day truce: Will Bitcoin Rally?

The United States and Ukraine agreed on a proposal for a direct 30-day ceasefire.

This news is waiting to accept Russia, toward For a joint statement after high-level interviews in Jeddah, Saudi Arabia.

Kiev expressed readiness to accept the truce, which could be extended by mutual agreement, provided that Russia was implementing this at the same time.

“Ukraine has expressed readiness to accept the American proposal to make an immediate, temporary 30-day ceasefire, which can be extended by mutual agreement of the parties and subject to acceptance and simultaneous implementation of the Russian Federation”, vote “.

In return, the United States committed to raising a break to share intelligence and continuing security help Ukraine.

“The United States will communicate Russia that Russian reciprocity is the key to peace”, a statement said. Negotiations in Jeddau reportedly lasted more than eight hours.

Historical reactions of bitcoin on global conflicts

Bitcoin has had mixed reactions to global conflicts, with investors who use it as well as risk funds and potentially safe haven. Market movements showed the patterns of initial instability followed by recovery. The last achievements in Ukraine are not the exception, because Bitcoin initially answered the news.

In February 2022. years, like Russian military operations begin In Ukraine, the price of Bitcoina fell slightly, fell below $ 35,000.

However, Research indicates This while the BitCoin Trading volume is reduced by 0.2% for each 1% increase in conflict intensity, the price of cryptocurrency has often recovered within about 50 days, showing its resistance. ​

During the conflict of Israel-gauze in October 2023. year, the price of Bitcoin has initially declined, reflected wider market ignition. However, Cripto often functioned as Sofa-Haven Asset During the geopolitical crises, they experience a positive abnormal return with some cryptocurries before such events.

After the announcement of Ukraine 11. Marta, the crypto markets showed a positive reaction, with bitcoin (Btc) Jumping over $ 83,000 and a general market showing mild gains.

In the last week, Bitcoin was At the trend down after the announcement of the tariffs of President Donald Trump on Canadian steel and aluminum, as well as mixed examinations regarding the American Strategic Cripto Reserve.