Bitcoin

This event is a symptom of a fracturing Western alliance and rising 'transactional diplomacy' — a regime where sanctions are negotiable and geopolitical alignments shift rapidly. For crypto, this reinforces the long-term thesis of decentralized, censorship-resistant assets as hedges against policy uncertainty, but the immediate impact is muted because the market is in a low-volatility, high-dominance phase where macro catalysts (Fed policy, ETF flows) dominate.

US President Donald Trump defended waiving some sanctions on Russia and accused Ukrainian President Volodymyr Zelenskyy of prolonging the war.