A recent development offering a potential boost to the cryptocurrency market has emerged from the ongoing peace talks in Ukraine, which were recently reported by ABC News. Geopolitical tensions often negatively impact cryptocurrency markets, as witnessed with the Iranian crisis, and this dynamic is now playing out again with the conflict in Ukraine. 2022 saw dramatic declines in crypto values coinciding with the outbreak of the war in Ukraine, followed by a series of specific problems that added to market instability by November. However, recent progress has been made as peace talks gain momentum, leading to hopes for positive impacts on the cryptocurrency sector.