Bitcoin (BTC) has risen in prices after a meeting was confirmed between US President Donald Trump and his Russian couple Vladimir Putin.
The meeting was confirmed by Yuri Ushakov, the Kremlin foreign policy advisor. He said:
Their The word generated impulses in bitcoinwhich was quoted again at the time of publication of this memo for more than $116,500.
The announcement came a day after Putin held a meeting with Steve Witkov, a businessman appointed by Trump to represent his government in major conflicts in the Middle East.
According to Bloomberg Trump remains optimistic about the possibility of ending the war between Russia and Ukraine. In fact, his envoy has raised the idea for a trilateral meeting between Putin, Trump and Ukrainian President Voldymir Zelensky.
However, Ushakov did not comment on this, stressing that the Putin Trump Summit is the priority.
The meeting between representatives of the two countries eased the tension that had arisen a few days ago, and ordered Trump to deploy the nuclear submarine to be interpreted as a threat by former president and current vice president of the Russian Security Council.
So, the announcement will be optimistic if it raises investors’ desire for risk, and ultimately improves into an international political and macroeconomic context, in addition to the possibility of an agreement to end the conflict between Russia and Ukraine. This creates a preferred scenario for assets that are considered risky, such as BTC and cryptocurrency.
This is not the end of the good news for the digital asset market. Today, August 7th, President of the United States Account 401(k) signs executive order to expand investment optionswhich incorporates assets such as cryptocurrency, gold, and private capital into its portfolio.
It is worth clarifying that Account 401(k) is a retirement savings mechanism.
These funds are allocated to equipment such as actions and bonds. Currently, this executive order includes Bitcoin and cryptocurrency within the options range.
As these accounts are estimated to have raised over $9 billion, this opening could represent liquidity injections of digital assets, which translates into an upward signal of prices.
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