Will Trump stance on Russia Ukraine war Shake the Crypto Market?

CN
5 hours ago

How Trump statement on Russia Ukraine War Could Impact Crypto market

Trump’s Big Statement on Russia Ukraine War: Will Crypto Crash Again?

U.S. President Donald Trump has made a bold statement about the Russia-Ukraine war, saying he had a “very good and productive” talk with Russian President Vladimir Putin. He believes the war could soon end, but also warned that Ukrainian troops are in a dangerous position, surrounded by the Russian military.

With Trump’s history of shaking up the crypto market, this raises a big question: Will this news cause another crypto crash, or will the market react positively?

Trumps statement

Trump’s Words Have Moved Crypto Before

Trump’s comments and decisions have shaken the crypto market many times before. Recently, when there was an announcement of the Trump Crypto Reserve , including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA) and XRP, the market saw a surge for a while and then saw a crash. Trump tariffs announcements on Canada, Mexico, and China also caused big swings in the market.

Now, Trump has spoken about the Russia Ukraine war, a conflict that has already been a major topic of Discussion. Crypto experts from Coin Gabbar suggest that this announcement could bring uncertainty in the market, as investors closely watch geopolitical developments which is a major factor of Market Volatility. Now it's for us to watch will it impact the crypto market.

Studies show that when the war escalates by 1%, Bitcoin trading volume drops by 0.2%. This means that every major update about the war could impact crypto prices and investor confidence.

How the Russia Ukraine War Has Changed Crypto

Crypto has played a major role in this war specially for ukraine. Ukraine holds over 46,351 BTC, worth nearly $3.88 billion today. Many donations have been made in crypto to help Ukraine fight. At the same time, Russia has started recognizing crypto as legal property and is using it for international trade.

With both countries deep in the crypto space, any changes in the war could affect how people trade and invest in digital assets.

Crypto Market Today: Fear or Greed?

The current Crypto Fear and Greed index is at number 46, meaning the fear still exists in the market. The global cap of the crypto market touches $2.74 trillion, marking a rise of 1.48% in the last 24 hours, indicating some pullback. On the downside, total trading volume across crypto has fallen by 14.28%, suggesting investors are still playing it safe.

Bitcoin’s dominance is 60.75% currently and dropped slightly about 0.15%, showing uncertainty.

Will Trump’s War Statement Shake the Market Again?

Coin Gabbar crypto analysts suggest that Looking at past trends, Trump’s latest statement could cause another wave of crypto volatility. If the war gets worse, investors might rush to Bitcoin and stablecoins as safe assets. But if peace talks move forward, the crypto market might cool down or correct itself as money flows back into stocks and traditional markets.

Trump has always said he wants the U.S. to be a crypto hub, but so far, his announcements have caused more market ups and downs than actual growth. Will this be different?

Also read: Solana News: SOL Price Skyrockets, Analysts Predict $3,000 Soon!

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