Bitcoin (BTC), European Stocks Buoyant as Trump-Xi Meeting Confirmed
CoinDesk
Bitcoin and European stocks rose following confirmation of a meeting between Presidents Trump and Xi amid escalating trade tensions.Summary
Bitcoin traded above $111,000 on Friday morning in Europe, buoyed by the confirmed meeting between U.S. President Donald Trump and Chinese President Xi Jinping, scheduled for October 30 on the sidelines of the APEC Summit in South Korea. This meeting occurs amidst escalating trade tensions, specifically following Trump's threat to impose additional 100% tariffs on Chinese imports if a deal is not reached by November 1. European stocks mirrored Bitcoin's positive movement, with the Euro Stoxx 50 index rising 0.25% and Germany's DAX gaining 0.15%, while S&P 500 futures also increased by 0.3%. Conversely, gold dropped nearly 1% to $4,089 as investors awaited U.S. inflation data.
(Source：CoinDesk)