US President Joe Biden has agreed "in principle" to hold a summit with Russian President Vladimir Putin to discuss the crisis over Ukraine. Bitcoin targets $40K as Joe Biden agrees to meet Putin #US #Ukraine #Russia #BBCNews #Nairametrics

"Crypto investors are virtually going long on reports that Joe Biden has agreed “in principle” to meet with Russian President Vladimir Putin in what could be a last-ditch diplomatic effort to resolve tensions surrounding Ukraine and avert a Russian invasion. 

At the time of writing bitcoin was trading at around above $39K, as its market valuation stood at $741 billion. 

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Prior to the recent price recovery, Bitcoin fell below $40,000 and continued to fall amid growing tensions on the Ukraine-Russia border and continued inflationary fears. Most other major crypto assets declined as well." 

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