Title says it all, diplomacy in Europe was always going to be Russia’s end goal and the market is responding to their first obvious step towards that goal. As such crypto had a healthy pump today in line with market investors expectations.
However, the FED are highly like going to have to make some real steps towards taking inflation in March.
Although a lot of those is already proced in, the extent of the damage to the economy is highly likely to mean a correction to interest rates above what was previously expected.
Of course, once that is over with there is a real chance of smooth sailing right up the bull market mountain again.
Fingers crossed and eyes peeled!