- BTC climbed above $90,100 after markets reacted to weaker hopes for a Russia‑Ukraine peace deal.
- Major altcoins including Ether, XRP and SOL rose about 3% or more, according to CoinDesk.
- Oil prices increased, with WTI and Brent crude rising on the news.
- Attacks on energy infrastructure in Ukraine and Russia reduced optimism about a settlement despite progress on a 20-point peace plan.
On Monday, digital asset prices rose as hopes for a Russia‑Ukraine peace deal weakened and oil gained. The leading cryptocurrency, BTC, jumped over 2% to trade above $90,100, lifting broader crypto market sentiment.
Other major tokens also advanced. Ether traded near $3,035, XRP around $1.91, and SOL near $128, each gaining roughly 3% or more, according to CoinDesk. Cryptocurrency: a digital asset secured by cryptography used for transactions and record‑keeping.
Energy markets moved higher on the same news. WTI crude rose about 1% to $57.2 per barrel while Brent crude increased about 0.8% to $60.8 per barrel. WTI crude: a U.S. benchmark for oil prices. Brent crude: a major global benchmark for oil prices.
Asian stock trading was cautious with thin year‑end volumes. The South Korean KOSPI index stood out, rising about 1.7% on gains in chipmaker shares.
Recent strikes on energy facilities reduced hopes for a quick peace deal. On Sunday, Russia attacked Naftogaz’s Kherson Combined Heat and Power Plant, causing significant infrastructure damage to a heating source used by tens of thousands. Ukraine struck the Syzran oil refinery in the Samara region, damaging the refinery’s only primary oil processing unit.
These actions dampened prospects for an agreement even as Donald Trump and Zelensky indicated progress on a 20-point peace plan. The Russia‑Ukraine war has lasted nearly four years and has contributed to higher global inflation.
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