Bitcoin $96,900 has reached the $97,000 level again, marking a 4% increase. This rise is supported by renewed diplomatic contacts between the United States and Russia, alongside growing investor expectations. The cryptocurrency market is closely monitoring the impacts of international developments.
Diplomatic engagements between Washington and Moscow have come back into focus. According to Reuters, these discussions are seen as the first diplomatic step regarding the Ukraine war. This development has increased risk appetite in financial markets, triggering a rise in Bitcoin’s value.
Recent geopolitical risks had negatively impacted investor sentiment. However, positive news related to diplomacy has created a cautiously optimistic atmosphere in the markets. Investors are contemplating the possibility of Bitcoin approaching the $100,000 mark.
Investors Discuss B…
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