Bitcoin Remains Unfazed Despite Failed Trump-Putin Peace Talks

Despite a crucial peace meeting between US and Russian leaders failing to reach a ceasefire agreement in the Ukraine war, Bitcoin price displayed remarkable resilience. The highly anticipated meeting saw both Trump and Putin express progress on certain points, though no concrete resolution was reached. Notably, this marked Putin’s first visit to the US soil since attending the UN General Assembly with former President Obama nearly a decade ago. Expert opinions suggest that the volatility in the cryptocurrency market should have been expected due to the significance of the meeting occurring following Wall Street closing hours. However, Bitcoin’s price remained stable even as the peace talks ended in stalemate. Despite initial drops, BTC has recently recovered to levels near $118,000, showcasing its resilience despite the geopolitical context.