Trump-Xi Meeting Boosts Crypto Markets as Traders Hope for Easing of Tensions

Crypto markets received a much-needed boost following President Donald Trump’s confirmation that he will meet with Chinese President Xi Jinping at the APEC summit in South Korea on October 31st. The announcement, which came after weeks of market uncertainty fueled by Trump’s tariff threats and subsequent ripple effects on cryptocurrency derivatives markets, is seen as a potential signal for easing trade tensions between the US and China.