U.S. President Donald Trump is set to meet Chinese President Xi Jinping at the APEC Summit in Seoul on October 31. The announcement has positively impacted the cryptocurrency market, with Bitcoin and other major assets experiencing gains of 2% to 4%. Analysts believe that the meeting could lead to a reduction in U.S.-China tensions, potentially paving the way for a trade deal that would benefit risk assets.
In other news, Polymarket is planning to launch its token after re-entering the U.S. market, although the launch may be delayed until 2026. The platform has revised its airdrop strategy to prevent Sybil attacks, requiring users to manage over 100 wallets or optimize volume and liquidity metrics to qualify.
Trump and Xi to Meet at APEC Summit, Crypto Market Reacts
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