March 12, 2025
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Ukraine CEASEFIRE BREAKHTROUGH SENDS Markets Into Green; Bitcoin Retakes $ 83k

Also Giving A Boost Was An Easing in Trade Tensions Between the US and Canada.”, – WRITE: www.coindesk.com

Ukraine CEASEFIRE BREAKHTROUGH SENDS Markets Into Green; Bitcoin Retakes $ 83kAlso Giving A Boost Was An Easing in Trade Tensions Between the US and Canada.Updated Mar 11, 2025, 7:20 PM UTCPUBLISHED MAR 11, 2025, 6:59 PM UTC

What was shaping up to be another Down Day in markets have reversed in tuesday afternoon US Trading After Ukraine Agreed to a Trump Administration Proposal for a 30-Day Ceasefire in ITS WAR.

Russia Has Yet to Weigh in, But The Agreement Will Hinge On That Country’s Acceptance, Accounting To A Joint Statement of Ukraine and the Us After A Meping of Their Delegations in Saudi.

As part of the agreement, the US will immediatally lift a pause on Intelligence Sharing and Military Assistance to Ukraine, The Statement Continued.

Trade Tensions Ease As WellHelping The Mood, Ontario Premier Doug Ford Agreed to Suspend A 25% Electricity Export Surcharge Had Put in Place Against A Number of US States.

The Surcharge Was Made in Retaliation to 25% Tariffs Trump Had Placed On Canadian Imports Last Week. Shooting Back at that, Trump Earlier Tuesday have threatened to doable that tariff to 50% for steel and aluminum Imports from the us Neighbor to the North.

Markets GainAdding to Yesterday’s Major Losses, Markets Were Again Sharply Lower Prior to the News, But The Nasdaq Has Moved Into The Green By 1.25% And the S&P 500 by 0.4%.

Crypto Markets have Turned Nicely Higher as Well, With Bitcoin (BTC) NOW UP by 7% over the past 24 hours to $ 83.300 after Droping as Low As $ 76.000 Overnight. ETHER (ETH) IS AHEAD 5.6% AND SOLANA’S (SOL) by 10%.

Stephen AlpherStephen Is Coindesk’s Managing Editor for Markets. HE PREVIUSLY Served As Managing Editor at Se timesing Alpha. A Native of Suburban Washington, DC, Stephen Went to the University of Pennsylvania’s Wharton School, Majoring in Finance. He Holds Btc Above Coindesk’s Discalosure Threshold of $ 1,000.

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Stephen Alpher

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