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Bitcoin Updates: Worldwide Markets Monitor Trump-Xi Discussions for Insights on Trade, Technology, and Cryptocurrency

Bitcoin Updates: Worldwide Markets Monitor Trump-Xi Discussions for Insights on Trade, Technology, and Cryptocurrency

Bitget-RWA2025/10/29 07:46
By:Bitget-RWA

- U.S. President Trump and Chinese President Xi meet to discuss trade, AI, crypto, and Fed policy, aiming to stabilize markets and geopolitical tensions. - Focus on Nvidia's Blackwell AI chip and potential Fed balance sheet shifts could reshape tech collaboration and risk-asset valuations. - Cryptocurrencies rebound as Trump's Binance pardon and trade deal optimism drive Bitcoin up 3.5% and Ethereum up 5% in recent weeks. - Ethereum ETFs outperformed Bitcoin temporarily, while SwissBullion expands crypto p

U.S. President Donald

and Chinese President Xi Jinping are scheduled to hold talks on Thursday, drawing close attention from analysts and investors who are eager for updates on trade, technology, and the stability of the global economy. This marks their first meeting since Trump returned to the presidency, fueling speculation about how it might influence financial markets and international relations. Major points on the agenda include artificial intelligence, digital currencies, and the Federal Reserve’s monetary strategy, all of which could impact global commerce and asset prices. Observers highlight that may be discussed, and for possible changes in Fed policy.

The meeting will spotlight Nvidia’s Blackwell AI chip, which Trump referred to as the “super-duper chip” during a press event on Air Force One. This advanced chip, built to enhance AI processing, has become a focal point as both countries compete for leadership in emerging technologies. Trump expressed confidence about the meeting’s prospects, suggesting the U.S. and China might reach agreements on technology partnerships and address intellectual property issues, as reported by Investing.com.

Bitcoin Updates: Worldwide Markets Monitor Trump-Xi Discussions for Insights on Trade, Technology, and Cryptocurrency image 0

Trade remains a central concern. Earlier this week, a preliminary U.S.-China trade agreement was announced, aiming to prevent 100% tariffs and support supply chain stability. This development has been discussed alongside assessments of

. The news has already lifted market sentiment, with cryptocurrencies such as (BTC) and (ETH) rebounding from recent losses. Bitcoin climbed 3.5% over the last week, while Ethereum gained 5%, buoyed by hopes for regulatory progress and easing geopolitical risks, as well as reactions to .

The economic effects of the summit go beyond technology and trade. Investors are watching for the Federal Reserve’s decision regarding its $6.6 trillion balance sheet, with growing expectations that the central bank could pause its quantitative tightening. Experts at JPMorgan and Bank of America believe such a move could boost liquidity for riskier assets like Bitcoin, which has tracked gold’s performance as an inflation hedge, as noted in a previous Wall Street article. At the same time,

to find direction as traders await signals from the Fed and the outcome of the Trump-Xi meeting, with major mining companies like Anglo American reporting lower output.

There are also notable shifts in the cryptocurrency sector. For the first time this week, Ethereum ETFs

, attracting $246 million in new investments compared to Bitcoin’s $202 million. In addition, its payment methods to include Ethereum and Ripple (XRP), signaling greater institutional adoption of digital currencies for precious metals purchases. However, an points to challenges ahead, as dropped below $4,100, with traders selling to finance buybacks or invest in other projects.

The broader impact of the summit will depend on whether Trump and Xi can resolve ongoing issues such as China’s trade surplus, U.S. sanctions on Chinese tech companies, and the international role of cryptocurrencies. Although Trump’s pardon of Binance founder Changpeng Zhao has been welcomed by the crypto community, analysts warn that global tensions and macroeconomic trends—including inflation and interest rates—will continue to drive market movements, as discussed in the earlier Fool report.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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