Bitcoin catches bid as risk assets gain on Russia-Ukraine peace plan

Bitcoin (BTC-USD) and other actively traded cryptocurrencies like ethereum (ETH-USD) and binance coin (BNB-USD) are rising so far Wednesday, as Russia and Ukraine advance with a tentative 15-point peace plan . Looking at the three major U.S. stock market indices, the Dow Jones (DJI) +1.1%, S&P 500 (SP500) +1.6% and Nasdaq (COMP.IND) +2.7% are all deep in the green. On the other hand, gold (XAUUSD:CUR) -0.3%, silver (XAGUSD:CUR) -1% and other real assets drift lower. The trade weighted U.S. dollar index edges down to 98.54. Treasury yields are also extending gains, with the 10-year climbing to as high as 2.18% earlier in the session. “Whenever we see stock market relief, crypto tends to do well, especially lately,” GlobalBlock analyst Marcus Sotiriou told Bloomberg. Overall, "the key driving force behind prices is macro, so I expect a struggle for a sustainable uptick,” he added. Cryptos' buying pressure comes ahead of the Federal Reserve's interest rate decision. The Federal Open Market Committee's dot