Crypto Potato
2025-08-16 05:12:02

Bitcoin Price Unshaken Even as Trump-Putin Peace Meeting Fails

The greatly anticipated meeting at the highest levels between the presidents of the United States and Russia failed to reach a conclusion regarding a ceasefire between Ukraine and the world’s largest country by landmass. Nevertheless, Trump said both parties made some good progress on a few points, while Putin categorized the meeting as a “starting point.” This was the first time in almost a decade that the Russian leader set foot on US soil when he attended the UN General Assembly in New York City and met then-President Obama. “There were many, many points that we agreed on … I would say a couple of big ones that we haven’t quite got there, but we’ve made some headway,” Trump said at a joint press conference. Putin said the relationship between the two Great Powers has deteriorated to the “lowest point since the Cold War,” but noted that these talks can be considered a “starting point” for improving it. Before the meeting, Ukrainian President Volodymyr Zelenskyy expressed disappointment that his country would not be represented, as many feared that a potential deal could compromise its sovereignty. “Ukraine is ready to work as productively as possible to bring the war to an end, and we count on a strong position from America … A meeting of leaders is needed – at the very least, Ukraine, America, and the Russian side.” Given the potential significance of the meeting, many experts anticipated a volatile crypto market , especially since it took place after Wall Street had closed for the day. However, this wasn’t the case. Bitcoin’s price had slipped ahead of the meeting to just under $117,000 but stopped its nosedive even as both parties failed to reach a peace conclusion. As of press time, BTC has neared $118,000 once again. The cryptocurrency was impacted a lot more by the hot PPI data that came out the day before, as it dropped from its all-time high of $124,500 to under $118,000 within hours. BTCUSD. Source: TradingView The post Bitcoin Price Unshaken Even as Trump-Putin Peace Meeting Fails appeared first on CryptoPotato .

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