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COINOTAG News reports that, on October 29, during a routine press conference, Foreign Ministry Spokesperson Guo Jiakun disclosed that the China-U.S. summit will take place in South Korea tomorrow. U.S. President Trump expressed optimism that many issues could be resolved through direct dialogue, setting a cautiously positive tone for global risk appetite as markets monitor bilateral diplomacy.
Analysts note that such geopolitical events can influence crypto markets, with traders watching for shifts in regulatory signals and USD/CNY dynamics. A constructive China-U.S. dialogue may support risk-on sentiment, potentially benefiting Bitcoin and Ethereum, though volatility and policy uncertainty remain. Market participants should calibrate exposures and await verifiable updates rather than speculation.
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