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Unconfirmed U.S.-China trade meeting
Key Points:* Janet Yellen leads U.S. Treasury, not Bessent, trade meeting unconfirmed.
Janet Yellen’s U.S. Treasury has no current plans to engage in new trade meetings with China, contradicting recent reports. Absence of official confirmation casts doubt on reported upcoming U.S.-China trade talks, affecting market predictions.
No Confirmation of U.S.-China Trade Meetings Yet
Despite reports citing a U.S.-China dialogue led by a “Secretary Bessent,” there is no official recognition of such a figure within the Treasury. Janet Yellen remains the acting U.S. Treasury Secretary, highlighting no current timetable for new trade talks. Chinese counterparts have also not issued statements confirming scheduled discussions.
The unverified nature of these projected meetings creates uncertainty in markets, yet no distinct market changes or asset price fluctuations have been observed. The crypto community remains focused on other domestic regulatory issues, suggesting limited immediate economic impact from these purported talks.
BTC Market Steady Amidst Trade Talk Uncertainty
Did you know? Historical U.S.-China meetings have often followed initial announcements with concrete policy changes, driving market fluctuations not preemptively but post-declaration.
Bitcoin (BTC) stands at $108,608.52 with a market capitalization of $2.16 trillion, according to CoinMarketCap. Bitcoin’s trading volume saw a 6.67% increase in a 24-hour window, showcasing steady price movements over the past months. BTC price changes reflect a 0.43% increase over 24 hours, 1.47% for the last seven days, achieving a significant 40.21% rise over the past 90 days.
| | | --- | | DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |