Trump Predicts a Big Russia Deal That Could Involve All of Europe: What It Means for Bitcoin

3 hours ago 5

Rommie Analytics

US President Donald Trump expects a "very big" agreement with Russia that could reach well beyond Ukraine. After an unscheduled meeting with Kremlin envoy Kirill Dmitriev at the White House on Thursday, 5 November, Trump told reporters that "it might involve all of Europe", without giving details, TRT World reported, citing agencies. Bitcoin did not react with a relief rally. Shortly afterwards it fell to 75,208 dollars, its lowest level since 16 September.

For crypto investors in Europe, a Trump Russia deal matters through three channels: energy prices, EU sanctions that hit crypto platforms directly, and the euro. Below is what was said, how markets traded it and which dates count now. The wider sell-off is tracked in our daily overview of why crypto is down today.

What did Trump say about a deal with Russia?

He announced a large agreement but kept its content to himself. Dmitriev, who runs Russia's sovereign wealth fund and serves as Putin's envoy for economic cooperation, was in Washi...

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