Key facts
- Bitcoin price reached a high of nearly $82,150 on Sunday, October 18.
- Russian President Vladimir Putin proposed a summit with U.S. President Donald Trump and Chinese President Xi Jinping.
- The proposed summit aims to find a resolution to the conflict in Ukraine.
- The meeting is expected to take place in November.
- U.S. officials have not yet confirmed their attendance at the proposed summit.
Bitcoin surged to near $82,100 on Sunday, October 18, as traders anticipated geopolitical events. Russian President Vladimir Putin reportedly proposed a summit with U.S. President Donald Trump and Chinese President Xi Jinping to discuss the conflict in Ukraine. The meeting is expected to be held in November, potentially in Shenzhen, China, during the Asia Pacific Economic Cooperation meeting. However, U.S. officials have not officially confirmed their attendance, and Kremlin spokesman Dmitry Peskov stated that talks are ongoing but no final agreement has been reached. The proposal reportedly excludes Ukrainian President Volodymyr Zelensky.