Markets· ★★★· bullish·

Bitcoin hits $84,800 on Ukraine peace hopes, then retreats to $82,000

  • —BTC cleared the $83,000 half-retracement level and touched $84,800
  • —Zelensky called a freeze along current lines a realistic way to end the war
  • —Kremlin backed US-Ukraine-Russia talks in mid-November
  • —US 20-year Treasury auction was weak; OAT-Bund spread widened to 1.6%
Why it matters: Easing geopolitical risk supports risk appetite, but soft Treasury demand and Tesla's results cap further upside.
Source: CoinDesk Japan