Xi Jinping and Trump Discuss Cooperation in Busan

On October 30, 2025, Chinese President Xi Jinping and U.S. President Donald Trump convened in Busan, South Korea, on the sidelines of the APEC Summit to address bilateral relations.

Their dialogue holds potential implications for global economic strategies, emphasizing collaboration over competition, but reveals no direct impact on cryptocurrency markets thus far.

Major Dialogue at APEC: Xi and Trump Push for Collaboration

Chinese President Xi Jinping met U.S. President Donald Trump in Busan on October 30, aiming to strengthen U.S.-China relations. The discussions, held on the sidelines of the APEC Summit, emphasized collaboration and shared prosperity. Both leaders highlighted the potential for mutual success despite past trade tensions.

Key changes focus on macroeconomic issues rather than digital asset policy. The meeting underlines a shift towards economic dialogue without specific reference to crypto regulation. Financial markets may interpret the thawing of relations as a positive signal, yet no immediate crypto market changes have emerged.

China’s development and revitalization are not contradictory to President Trump’s goal of ‘making America great again,’ and that China and the US can absolutely achieve mutual success and common prosperity. China and the US should be partners and friends, a lesson from history and a necessity of reality. — Xi Jinping

U.S.-China Summits Historically Stir Crypto Market Volatility

Did you know? Major U.S.–China summits have historically influenced crypto markets, often triggering short-term BTC price volatility of 3-8% within hours of significant political events.

According to CoinMarketCap, Bitcoin (BTC) trades at $110,936.52 with a market cap of approximately $2.21 trillion, holding a 58.90% market dominance. Recent fluctuations report a 1.49% decline over 24 hours, while the 7-day change shows a 2.49% increase. Trading volume has decreased by -10.71%, indicating a potential market cooldown as of October 30, 2025.

Coincu research suggests that the focus on macroeconomic harmony may indirectly impact global crypto trends. While no direct market effects are observed, historical precedents of U.S.–China dialogue suggest potential future benefits for digital cooperation and technology exchanges. Such political signaling could lead to broader financial market confidence.