With Trump’s rise to power, he began implementing his promised major initiatives. For crypto enthusiasts, the results of these actions have not been favorable. As this article was being prepared, Trump made significant statements regarding the ongoing tensions with China, offering some glimmers of hope.
Ukraine and the U.S.
Trump clearly expressed his desire for half of the rich mineral resources in Ukraine and mentioned that economic agreements and actions were necessary to protect the EU. Meanwhile, the Ukrainian President declared, “our country is not for sale,” disrupting hopes for peace amid the ongoing war with Russia. Indeed, Trump is urging Ukraine to concede significant territory to Russia to resolve the issue.
As the article was being prepared, Trump stated:
“Zelenskiy should act quickly, or he will have no country left. We are working to end the Ukraine war.”
Current Situation Between China and the U.S.
The end of the war between Russia and Ukraine could support the crypto market. However, markets are also grappling with the potential for trade wars between China and the U.S., along with the likelihood of global escalation.
