Ahead of a much-anticipated phone call between U.S. President Donald Trump and Russia’s president Vladimir Putin, Bitcoin‘s (CRYPTO: BTC) price action remains closely tied to the outcome of a potential ceasefire in Ukraine.
What Happened: According to Polymarket data, a ceasefire in Ukraine has a 61% chance of being announced until July and a 76% chance of being announced until the end of the year.
Vladimir Putin has signaled openness to the idea of a 30-day ceasefire, but voiced conditions that would first have to be fulfilled.
The outcome of ceasefire negotiations could have …
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