Malaysia and peace talks succeed! Thailand and Cambodia have全面停火生效, Bitcoin is closely monitoring the tense situation at $118,000.

Under the mediation of the international community, a significant breakthrough has occurred in the geopolitical situation of Southeast Asia. Thai Acting Prime Minister Puttipong and Cambodian Prime Minister Hun Manet reached an agreement yesterday (28) during peace talks hosted by Malaysian Prime Minister Anwar, to "immediately and unconditionally" cease fire starting from today (29) at midnight. The three countries simultaneously issued a joint statement indicating that they have instructed their foreign and defense ministries to develop detailed mechanisms for the implementation, verification, and reporting of the ceasefire agreement, as a foundation for lasting peace and accountability. The achievement of this agreement not only brings a glimmer of peace to the border areas of the two countries but also highlights the strategy of U.S. President Trump leveraging trade to exert influence in global geopolitics. Meanwhile, the price of Bitcoin in the crypto assets market closely monitors the fluctuations of geopolitical events, showing a volatile trend.

Cambodia-Thailand Conflict Comes to an End: Trump's "Peace President" Declaration

The background of this negotiation is the new round of conflict that erupted along the 800-kilometer border between Thailand and Cambodia, resulting in over 150,000 civilians being displaced. The escalation of the conflict has attracted the attention of the international community. Last weekend, U.S. President Trump warned that if the conflict does not stop, the U.S. will terminate trade agreements with both countries and set August 1 as the deadline for reaching an agreement; otherwise, tariffs of up to 36% will be imposed on Thailand and Cambodia. Under tremendous trade pressure, the two countries are now quickly reaching peace.

Shortly after the ceasefire protocol was reached, U.S. President Trump also posted on social media stating: "By ending this war, we have saved thousands of lives. I have instructed my trade team to restart negotiations." He also mentioned: "I just spoke with the acting Prime Minister of Thailand and the Prime Minister of Cambodia. I am pleased to announce that, with the involvement of President Donald J. Trump, the two countries have reached a ceasefire and peace. Congratulations to everyone! By ending this war, we saved thousands of lives. I have instructed my trade team to resume trade negotiations. In just six months, I have ended multiple wars — I am proud to be the Peace President!" Trump's remarks undoubtedly attribute the success of this peace protocol to his tough trade pressure strategy.

Negotiation Chips Under Tariff Pressure: Thailand Expects a "Very Good" Agreement

Thailand's acting Prime Minister Pruthan stated that the country is looking forward to a "very good" trade agreement after the ceasefire. He revealed that just hours after both sides announced the ceasefire, he spoke with Trump, who praised Thailand for ending the conflict and promised to resume tariff negotiations, saying, "This will be beneficial, and we will achieve very good results from it; he will do his best to give us the most."

The key points of the Thailand-U.S. trade negotiations include expanding market access for U.S. goods to reduce Thailand's trade surplus of 46 billion USD with the United States. Neighboring countries such as Indonesia, the Philippines, and Vietnam have recently signed trade agreements with the U.S. For Thailand, quickly obtaining stable access rights to the U.S. market has become crucial for maintaining export competitiveness. This indicates that under the trade pressure from the Trump administration, countries have had to adjust their geopolitical strategies to protect their own economic interests.

Geostrategic Implications of U.S. Trade Policy: Leveraging Trade

The Trump administration has long used trade as a leverage and negotiation tool. In June of this year, the United States facilitated an agreement between the Democratic Republic of the Congo and Rwanda to end years of conflict, and Trump has also claimed credit for the ceasefire at the India-Pakistan border. Regarding Thailand and Cambodia, Trump clearly stated that there would be no trade agreement unless the war ended.

As the tariff deadline approaches on August 1, how Thailand and Cambodia strive for maximum benefits under international pressure will become the focus of observation; at the same time, it also demonstrates the United States' strategy of using trade as leverage to continue influencing the global geopolitical and economic landscape. The effectiveness of this strategy has been revalidated in the Thailand-Cambodia ceasefire incident.

Bitcoin $118,000 Fluctuations: Watch Geopolitical Tensions

In terms of the crypto assets market, Bitcoin approached 120,000 USD on the 28th, but has continued to fluctuate and decline. This morning, it has fallen below 118,000 USD multiple times, and as of the time of writing, it is around 117,900 USD. If it cannot stabilize here, it may retest the previous low of 115,000 USD. Investors are advised to be cautious of the volatility.

(Source: Gate)

The crypto assets market, especially Bitcoin, is often seen as a tool to hedge against geopolitical risks. However, as the geopolitical situation eases, the price of Bitcoin may also be affected. This ceasefire between Thailand and Cambodia, while bringing peace to the region, may also lead to some hedging funds flowing out of the crypto assets market and shifting towards other assets. Investors should closely monitor changes in geopolitical dynamics and their impact on the sentiment of the crypto assets market.

The ceasefire agreement between Thailand and Cambodia mediated by Malaysia is an important step in the peace process in Southeast Asia. The achievement of this agreement not only demonstrates the importance of regional cooperation but also highlights the strategy of U.S. President Trump using trade as leverage to exert influence in global geopolitics. At the same time, the volatility in the Bitcoin market reminds us of the impact of geopolitical situations on the prices of Crypto Assets. In a complex and changing international environment, investors should remain vigilant and carefully assess risks to cope with market fluctuations.