Trump-Xi Summit Fuels Cryptocurrency Market Confidence

The Trump-Xi summit has brought renewed optimism to the cryptocurrency market. Following President Donald Trump’s meeting with Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit in Seoul, Bitcoin prices rose by 1.9%, reaching $111,361. Ethereum followed suit, gaining 3.4% to reach $4,074. This positive shift comes after a period of market volatility triggered by new tariffs and trade tensions between the US and China. Analysts attribute this rebound to expectations of improved relations and increased risk appetite.