Market Wrap: After Putin has agreed to partially withdraw troops

This is the most positive news that emerged from the recent tensions between Russia and Ukraine. The announcement contributed to reversing a sell-off that was triggered by yesterday's announcement by the US Foreign Minister Antony Flashing that the United States would move its message in Ukraine "due to the dramatic acceleration of the structure of Russian armed forces" from Kiev.

In a press conference with Federal Chancellor Olaf Scholz, Putin confirmed his concern about NATO east expansion, but promised a de-escalation.

"We are also ready to continue the negotiating path, but, as already said

"We intend to reach an agreement with our partners about the questions we asked in order to solve them in a diplomatic way," added Putin.

The investors welcomed the news about the positive meeting between the German Chancellor and Putin. The S&P 500 increased by almost 1.6 % and Nasdaq and Dow also rose by 2.47 % and 1.22 %.

crypto experienced a huge pump in which Bitcoin climbed by almost 3.5 % and ether jumped by 5.77 % by the end of the US stock markets. Avenge, a newer coin that has crept into the top 10 coins after market capitalization, jumped by over 12 %that day.

Top stories

Story: The crypto platform Voyager relies on staking, NFTS in 2022

• The company is investing in a number of new branches of business to reduce dependence on the trading volume, CEO Steve Ehrlich said at a conference call on Tuesday
• Voyager builds an NFT offer that enables customers to access a variety of marketplaces

Story: Fidelity International enables direct investments in Bitcoin

• The Bitcoin ETP of Fidelity International was traded in Germany on Tuesday and is to be introduced in Switzerland in the coming weeks
• Since 1980, the company has been operating regardless of the Fidelity Investments based in the USA, which is still trying to put on a spot bitcoin ETF

story: Democratic representative: Stable coin emitters do not have to be banks with 100 % reserves

• The US senators met on Tuesday to discuss the stablecoin regulation
• StableCoin issuers should not have to be banks as long as their reserves are safe, argues a representative

Story: JPmorgan enters the meta -verses with virtual decentraland lounge

• Analysts from the bank predict that advertising expenses in the game will reach $ 18.4 billion in the game $ 2027
• According to the JPMorgan, the average price for virtual land has doubled from $ 6,000 to $ 12,000 within six months last year

go forward

The continued de -escalation of the tensions on the Ukrainian border should drive up the markets, although impending number of inflation and interest rate increases of the FED could shake things up. The Fed President of St. Louis and the Fed President of Cleveland should speak on Thursday, which the markets could also scare.

Investors should adapt to a certain level of volatility in the future.

. .

The Post Market Wrap: Crypto Pumps After Putin Plesses to Partly Pull Back Troops is not a financial advice.