confirmed<\/a> Trump and Xi will meet in South Korea on Oct. 30, alongside the APEC summit. The confirmation eased investor anxiety after weeks of uncertainty surrounding the potential meeting.<\/p>\n <\/p>\n
Trade tensions have repeatedly pressured Bitcoin and other risk assets this month. Trump\u2019s threats of 100% tariffs on Chinese goods and China\u2019s export restrictions on rare-earth minerals triggered a $19 billion liquidation event earlier in October. The new development appears to be boosting sentiment.<\/p>\n
Equity markets also reacted positively, with the Dow Jones up 0.31% and the Nasdaq rising 0.89%, helping crypto prices recover in tandem. Analysts say volatility will likely increase closer to the meeting, with bullish targets near $115,000 for BTC if de-escalation continues, and downside risks to $105,000 if tensions reignite.<\/p>\n
Trump\u2019s pardon of CZ and CPI outlook<\/h2>\n
Adding to bullish sentiment, Trump pardoned Binance founder Changpeng \u201cCZ\u201d Zhao on Oct. 23, calling prior penalties \u201cBiden-era overreach.\u201d The move could restore CZ\u2019s standing in the U.S. and potentially ease regulatory pressure on global exchanges, a development traders view as a \u201cpro-crypto signal\u201d further into Q4.<\/p>\n
Still, investors are cautious ahead of the U.S. consumer price index data release on Oct. 24. Economists forecast headline inflation at 0.4% month-on-month and 3.1% year-on-year. A hotter print could weigh on Bitcoin toward, while softer inflation could push prices back toward $115,000 and beyond.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto prices today edged higher as easing U.S.-China geopolitical tensions lifted risk appetite across digital assets. Summary Crypto market cap rose 1.7% to $3.8 trillion as BTC regained $111,000 and…<\/p>\n","protected":false},"author":1,"featured_media":5464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=14205"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14205\/revisions"}],"predecessor-version":[{"id":14206,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14205\/revisions\/14206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5464"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=14205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=14205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=14205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}