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Xi Jinping and Trump Discuss Cooperation in Busan
Key Points:* Main event, leadership changes, market impact, financial shifts, or expert insights.
Their dialogue holds potential implications for global economic strategies, emphasizing collaboration over competition, but reveals no direct impact on cryptocurrency markets thus far.
Major Dialogue at APEC: Xi and Trump Push for Collaboration
Chinese President Xi Jinping met U.S. President Donald Trump in Busan on October 30, aiming to strengthen U.S.-China relations. The discussions, held on the sidelines of the APEC Summit, emphasized collaboration and shared prosperity. Both leaders highlighted the potential for mutual success despite past trade tensions.
Key changes focus on macroeconomic issues rather than digital asset policy. The meeting underlines a shift towards economic dialogue without specific reference to crypto regulation. Financial markets may interpret the thawing of relations as a positive signal, yet no immediate crypto market changes have emerged.
U.S.-China Summits Historically Stir Crypto Market Volatility
Did you know? Major U.S.–China summits have historically influenced crypto markets, often triggering short-term BTC price volatility of 3-8% within hours of significant political events.
According to CoinMarketCap, Bitcoin (BTC) trades at $110,936.52 with a market cap of approximately $2.21 trillion, holding a 58.90% market dominance. Recent fluctuations report a 1.49% decline over 24 hours, while the 7-day change shows a 2.49% increase. Trading volume has decreased by -10.71%, indicating a potential market cooldown as of October 30, 2025.