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Bitcoin Reclaimed $80K After Trump Announced Russia-Ukraine Ceasefire

Bitcoin reclaimed the $80,000 level after former US President Donald Trump announced on Truth Social that Russia and Ukraine agreed to a three-day ceasefire. The move was modest — BTC rose from about $79,100 to just above $80,000 (roughly a $1,000 uptick) — and was smaller than the sharp spike seen after the US–Iran ceasefire, when BTC jumped from around $68,000 to $73,000 in minutes. Most large-cap altcoins showed limited gains, though SOL and ZEC posted notable increases (about +5.5% and +10%, respectively). Market reaction appears cautiously bullish on the ceasefire headlines but muted relative to prior geopolitical-driven rallies.

Category

Bitcoin

Sentiment

Bullish

Event

Price milestone

Reading time

1 min