- China and US held the first economic consultation; leaders discussed trade.
- No direct crypto market impact from meeting as of now.
- Potential future implications for cross-border finance discussed.
He Lifeng and Li Chenggang from China, alongside the US’s Scott Bessent and Jamieson Greer, led the first China-US economic consultation on June 11, 2025.
The meeting is key for managing trade differences, with potential long-term effects on cross-border finance frameworks.
Sino-US Talks Spur Trade Discussions but Crypto Unchanged
China’s Vice Minister of Commerce Li Chenggang affirmed the professional dialogues, joined by He Lifeng, Vice Premier, representing China’s interests while the US was represented by Scott Bessent and Jamieson Greer. In-depth communication was the hallmark of these discussions. As mentioned by Li Chenggang, “The talks were conducted in a professional, rational, in-depth, and candid atmosphere, contributing to the management of differences and the deepening of cooperation in trade.”
No immediate market changes were seen within crypto sectors following the meeting. Despite interest in potential regulatory clarity, on-chain data showed no sudden shifts in asset values or liquidity flows.
No statements were issued by prominent crypto figures or institutions. Observers exhibited slightly positive sentiment, recognizing possibilities for long-term regulatory developments, but direct crypto impacts remain minimal.
Bitcoin Holds Steady Amid Historic Trade Efforts
Did you know? Trade dialogues, like the 2019 Sino-US tariffs reductions, have historically impacted cryptocurrency sentiments, briefly boosting Bitcoin and Ethereum prices by enhancing perceived economic stability.
Bitcoin’s current price stands at $109,941.72, with a market capitalization of $2.19 trillion, dominating 63.18% of the market, according to CoinMarketCap. Trading volume over 24 hours decreased by 3.53%, while Bitcoin’s price saw a minor dip of 0.02% in the same period but increased by 31.66% over 90 days.
Experts from the Coincu research team suggest that further Sino-US dialogues hold potential to influence digital asset regulations, promoting clearer cross-border trade guidelines that could positively affect crypto dynamics indirectly. Historical price reactions to similar discussions affirm this viewpoint, though speculative moves are restrained by current unchanged policies.
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Source: https://coincu.com/342578-china-us-economic-talks-crypto/