Bitcoin (BTC) tops $90,000, Oil rises as Russia-Ukraine peace hopes falter
Bitcoin surpassed $90,000 as diminished hopes for a Russia-Ukraine peace deal drove oil prices higher following infrastructure attacks.Summary
Bitcoin (BTC) rose over 2% to trade above $90,000 on Monday, boosting the broader cryptocurrency market, including Ether, XRP, and Solana. This surge occurred as prospects for a Russia-Ukraine peace deal dimmed following mutual attacks on key energy infrastructure. Russia attacked Naftogaz's Kherson Combined Heat and Power Plant, while Ukraine struck the Syzran oil refinery in Russia. These actions caused oil prices to increase, with West Texas Intermediate (WTI) crude up 1% to $57.24 per barrel and Brent crude up 0.80% to $60.81 per barrel. The ongoing Russia-Ukraine conflict, now nearly four years old, continues to impact the global economy through inflation, despite recent diplomatic indications of progress on a peace plan.
(Source：CoinDesk)