NewsletterBreaking: Crypto Market Gets Major Boost as Ukraine Agrees To Trump’s Peace Deal
2 hours ago
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Highlights
- Ukraine agrees to a peace deal, marking progress in U.S.-Russia talks.
- The talks in Abu Dhabi show promise for regional peace, despite unconfirmed delegations.
- Crypto market boosts as Ukraine's peace agreement fuels investor optimism.
A U.S. official confirmed on Tuesday that Ukraine has agreed to the terms of a peace deal with the United States. The deal follows secret talks between U.S. Army Secretary Dan Driscoll and a Russian delegation in Abu Dhabi. The discussions aim to advance the peace process and end the ongoing conflict.
U.S.-Russia Talks Make Progress in Abu Dhabi
According to ABC News report, the discussions between U.S. Army Secretary Dan Driscoll and Russian counterparts are the latest such talks after similar ones in Geneva between U.S. and Ukrainian officials. The talks were intended to make way for a broader peace deal. The U.S. official said that while some details are outstanding, Ukraine has signed on to the peace deal.
The deal is considered a major step toward securing peace in the region. Driscoll and his colleagues are upbeat about the progress to date. The discussions have been productive, and conversation is progressing well, according to Lt. Col. Jeffrey Tolbert.
While there have been reports of a joint Russian-Ukrainian delegation attending Abu Dhabi, their presence has not been confirmed by either Russia or Ukraine. However, international leaders are closely watching the progress made in these secret negotiations.
The development that Ukraine has agreed a peace deal to end war has helped fuel the crypto market. Investors are reacting positively to the diplomatic breakthrough, reflected in growing market confidence.
As of press time, Bitcoin is up by 1.32% and Ethereum has gained 3.96% over the past day. The crypto market is likely to continue reaping the benefits of this development with the progression of the peace process.
More about the peace agreement would be revealed over the next few days concerning its implications to global markets. As of now, the crypto space is seeing increased activity on hopes for where the peace talks are headed.
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Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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