In 2022, as Russia initiated its attacks on Ukraine, cryptocurrency markets experienced significant downturns. With Trump’s recent ascension to power, confidence has surged regarding the potential resolution of this war. His statements suggest substantial progress towards a ceasefire, igniting hope for market recovery.
Is the Russia-Ukraine War Coming to an End?
A leaked peace plan proposed by Trump aims to compel Ukrainian President Volodymyr Zelensky to agree to a ceasefire with Russia by Easter. The ambitious goal set by Trump is to conclude the conflict within 100 days.
Details of the Proposed Peace Plan
Unverified details circulating within political and diplomatic circles in Ukraine, reported by the local outlet Strana, indicate the plan seeks to freeze Russia’s advancements by April 20. It also stipulates preventing Ukraine’s NATO membership and requiring Kyiv to acknowledge Russian sovereignty over annexed territories.
Ukrainian troops may be asked to withdraw from areas like Kursk, where Russia launched a counter-offensive in August, while British forces will ensure safety in demilitarized zones.
A phone conversation between Putin and Zelensky is expected at the end of February, followed by a meeting in early March, with a ceasefire announcement targeted for April 20.
Should this scenario materialize, the pressure of war on risk markets would decrease, allowing cryptocurrencies to recover from negative trends.
Currently, the price of Bitcoin $84,453 does not reflect the significance of these developments.