BiyaPay Analyst: Trump Propels Late-August "Puzi Summit" Tripartite Talks, Geopolitical News Pressure, Bitcoin Support Seen at $112,000
BlockBeats News, August 19th, during a White House meeting, U.S. President Trump stated that he had reached a preliminary consensus with European leaders on Ukraine's security guarantee and later had a phone call with Russian President Putin after the meeting. Trump revealed that he is actively arranging a direct meeting between Putin and Ukrainian President Zelensky, scheduled to take place before the end of August. Following this meeting, a trilateral talk including Trump himself will be promoted. U.S. Vice President Pence, Secretary of State Pompeo, and Special Envoy Volker are currently coordinating closely with both Russia and Ukraine.
BiyaPay analysts believe that this round of diplomatic actions has sent a strong signal of relaxation, which may affect the global capital market's risk appetite and thereby impact the price trend of Bitcoin. After the news release, the price of Bitcoin briefly fell to $114,400 but quickly rebounded above $115,000. However, the overall trend remains weak. Analysts point out a bearish view on Bitcoin in the medium to long term, with the first downside target at $98,000, and $112,000 being a key short-term support level.
On August 19th, the market displayed a small-scale downward trend in Bitcoin, indicating that the market has not yet escaped the dominance of risk aversion sentiment. If the "Putin-Zelensky Meeting" is successfully held and yields positive results, it may help ease geopolitical tensions and drive a rebound in the crypto market.
Analysts remind investors to closely monitor subsequent political developments and price key support levels and to manage their positions effectively. The BiyaPay multi-asset trading wallet will continue to provide you with one-stop services such as global remittance, cryptocurrency trading, and U.S. and Hong Kong stock investments, helping you seize opportunities in volatile markets.
You may also like

The most important thing in Web3 primary market investment

The strategic focus of cryptocurrency in reconstructing the international monetary system and the Chinese solution

Musk Poached Aave App's Web3 Prodigy

The Petro Order is Cracking. What Comes Next for the Middle East?

ETF Fund Inflows Emerging, What's Still Missing for BTC to Fully Recover?

Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry

Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy

What will the early Hyperliquid prediction market look like?

Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware

Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle

A transaction in 7 seconds, earning tens of millions of dollars, he's seen as the "cancer of meme coins."

Bittensor Ecosystem Token SN Surges 5x in March, What's Behind Richard Heart's One-Liner?

The economy is entering a new cycle, how can the average person prepare?

Access Binance Alpha Box: Sigma.Money to Launch BNB Chain Ecosystem Yield Farming Gateway

Kimi, Chip, and Bean come together for a Crypto Hackathon: What did AI developers build on Monad?

How to Trade Crypto on Mobile Browser & Win LALIGA Tickets (2026 Guide)
Discover how AI automation, natural language trading, and mobile browser trading platforms are shaping automated trading in 2026. Join the WEEX live trading event for early access and rewards like LALIGA VIP tickets.

Connecting encryption, TradFi, and payments, is Gate completing the final puzzle of the "super APP"?

