The crypto market is bracing for potential volatility over the next 24 hours as rumors of major sanctions against Russia surface. Investor sentiment, particularly in altcoins, has shifted towards risk mitigation. This uncertainty is heightened by a series of upcoming high-profile events. Notably, U.S. Treasury Secretary Bessent has hinted at imminent sanctions coinciding with the market’s closure. [Insert a link to source mentioning this quote if possible] Meanwhile, Trump and Xi are set to meet in South Korea, fueling speculation that the meeting could impact crypto markets. Further anxieties stem from potential new sanctions against Russia by the EU, adding to existing tensions between the two countries.