Ukraine accepted the 30 -day ceasefire plan proposed by the US. Following this development, the losses in the US stock markets reversed and rise, and other crypto currencies, especially Bitcoin, began to follow a positive course.
Ukraine accepted the US ceasefire plan
According to a joint statement after the meeting of Ukraine and US delegations in Saudi Arabia, the implementation of the cease -fire agreement will also depend on the approval of Russia. Russia did not give an official response to the issue, while the joint statement from the Ukraine and the United States, this process will continue through diplomatic ways.
As part of the ceasefire agreement, the US has decided to remove the pause it has brought to the sharing of military aid and intelligence against Ukraine. US officials emphasized that this move aims to strengthen the defense capacity of Ukraine, while diplomatic negotiations between the parties will continue.
Trade tensions have decreased, Bitcoin started to rise
Following the cease -fire news, the trade tensions between Canada and the United States were softened. Ontario Prime Minister Doug Ford announced that the US has suspended the 25 %electricity export additional fee for a 25 %customs duties applied to some Canadian products. This development came after US President Donald Trump threatened to increase the tariffs for steel and aluminums imported from Canada early on Tuesday. However, the fact that the commercial tension has been reduced for now created a positive atmosphere in the markets.
With the spread of the ceasefire news, harsh losses in the US stock markets reversed. The NASDAQ index gained 1.25 %, while the S&P 500 has increased by 0.4 %. Crypto currency markets also responded to a similar way. Bitcoin (BTC) increased by 7 %to $ 76,000 at night, increased by 7 %to $ 83,300, while Ethereum (ETH) gained 5.6 %and Solana (left) 10 %. Investors closely follow whether the positive reflection of the ceasefire on the markets in the Ukraine-Russian war is closely following. How Russia responds to this ceasefire proposal is seen as a critical element to determine the direction of fluctuations in the markets.
