- China-US economic talks in Geneva aim for stability.
- Trade tensions affect BTC and ETH volatility.
- No immediate financial pledges disclosed.
China and the United States held high-level economic talks in Geneva on May 10, 2025. The discussions resumed after lunch.
The Geneva talks represent a crucial dialogue between two major economic powers seeking to stabilize global market conditions following a trade war escalation.
US-China Talks Trigger Crypto Volatility
The discussions involve He Lifeng, Vice-Premier of China, and Scott Bessent, US Treasury Secretary, focusing on stabilizing economic relations. The talks mark the first face-to-face dialogue since the escalation of the trade war in early 2025. The objective is to de-escalate tensions affecting global markets.
During the talks, immediate market reactions included heightened volatility in Bitcoin (BTC) and Ethereum (ETH) markets, influenced by the macroeconomic uncertainty stemming from US-China relations.
He Lifeng, Vice-Premier of China, called this “the first face-to-face economic dialogue since the escalation of the trade war earlier this year.”
Reactions from global markets show defensive adjustments. Major statements have not been provided by key figures such as Vitalik Buterin or Changpeng Zhao.
Insights on Future Regulatory Shifts and Trade Policy Implications
Did you know? Previous US-China trade discussions have historically led to a spike in BTC prices as investors sought alternate hedging strategies amid economic uncertainties.
According to CoinMarketCap, Bitcoin trades at $103,682.12, with a market cap of $2.06 trillion and a 24-hour volume of $45.50 billion, experiencing a 0.62% growth over the past 24 hours as of May 10. Its circulation is nearing its 21 million cap.
Insights from the Coincu research team indicate the Geneva talks may prompt increased financial market volatility and regulatory adjustments in both US and Chinese jurisdictions. Long-term implications include potential shifts in international trade policies affecting cryptocurrency valuations.
Source: https://coincu.com/336814-china-us-economic-talks-geneva/