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Bitcoin Pulls Back as Russia-Ukraine Peace Hopes
Bitcoin falls below $102,000 on Thursday after five days of rejections at $105,000.
Trump and Putin are unlikely to attend the Ukraine-Russia peace talks in Turkey.
Bearish bets increase as the BTC long-to-short ratio drops to its lowest level in a month.
Bitcoin (BTC) is slipping below $102,000 on Thursday after five days of rejections around $105,000. Since neither US President Donald Trump nor Russian President Vladimir Putin is likely to attend Ukraine-Russia peace talks in Turkey, traders predict little progress.
Putin won't attend peace negotiations.
According to Reuters, Russian President Vladimir Putin will not attend Thursday's scheduled peace talks with Ukraine in Turkey. Trump said he would attend Friday's discussions "if it is appropriate."
A team headed by presidential advisor Vladimir Medinsky and Deputy Defence Minister Alexander Fomin will represent Russia.
After meeting with Turkish President Tayyip Erdogan later on Thursday, Ukrainian President Volodymyr Zelenskiy, who has said he would only see Putin, will determine Kyiv's participation. US envoys Steve Witkoff and Keith Kellogg and Secretary of State Marco Rubio are anticipated.
Ukraine has not confirmed its attendance or named a delegation, making its answer ambiguous. Without senior leaders, discussions to settle the Russia-Ukraine conflict are unlikely.
Any good conclusion might boost investor confidence, market risk-on attitude, and Bitcoin prices.
After a modest outflow on Tuesday, institutional demand rebounded. SoSoValue reported a $319.56 inflow for the US spot Bitcoin ETF on Wednesday following a $96.14 million outflow the day before. To maintain positive momentum, inflows must increase to support the BTC price surge.
Bitcoin Price Forecast: BTC falls as $105,000 resistance holds
Since Sunday, Bitcoin has again failed to break $105,000. BTC rebounded marginally on Tuesday but fell the next day. BTC falls below $102,000 on Thursday.
#TradeWarEases #CryptoRegulation #CryptoCPIWatch #TradeStories $BTC $ETH
Bitcoin falls below $102,000 on Thursday after five days of rejections at $105,000.
Trump and Putin are unlikely to attend the Ukraine-Russia peace talks in Turkey.
Bearish bets increase as the BTC long-to-short ratio drops to its lowest level in a month.
Bitcoin (BTC) is slipping below $102,000 on Thursday after five days of rejections around $105,000. Since neither US President Donald Trump nor Russian President Vladimir Putin is likely to attend Ukraine-Russia peace talks in Turkey, traders predict little progress.
Putin won't attend peace negotiations.
According to Reuters, Russian President Vladimir Putin will not attend Thursday's scheduled peace talks with Ukraine in Turkey. Trump said he would attend Friday's discussions "if it is appropriate."
A team headed by presidential advisor Vladimir Medinsky and Deputy Defence Minister Alexander Fomin will represent Russia.
After meeting with Turkish President Tayyip Erdogan later on Thursday, Ukrainian President Volodymyr Zelenskiy, who has said he would only see Putin, will determine Kyiv's participation. US envoys Steve Witkoff and Keith Kellogg and Secretary of State Marco Rubio are anticipated.
Ukraine has not confirmed its attendance or named a delegation, making its answer ambiguous. Without senior leaders, discussions to settle the Russia-Ukraine conflict are unlikely.
Any good conclusion might boost investor confidence, market risk-on attitude, and Bitcoin prices.
After a modest outflow on Tuesday, institutional demand rebounded. SoSoValue reported a $319.56 inflow for the US spot Bitcoin ETF on Wednesday following a $96.14 million outflow the day before. To maintain positive momentum, inflows must increase to support the BTC price surge.
Bitcoin Price Forecast: BTC falls as $105,000 resistance holds
Since Sunday, Bitcoin has again failed to break $105,000. BTC rebounded marginally on Tuesday but fell the next day. BTC falls below $102,000 on Thursday.
#TradeWarEases #CryptoRegulation #CryptoCPIWatch #TradeStories $BTC $ETH
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