Bitcoin Falls After Confusing U.S.-China Signals

October 22, 2025

Bitcoin fell as investors tread cautiously following mixed signals from President Donald Trump over an upcoming meeting with his Chinese counterpart Xi Jinping in South Korea.

Trump said on Tuesday that he expected to make a “good deal” with Xi but conceded the talks might not happen. The leaders are expected to meet later this month.

Earlier this month Trump threatened an additional 100% tariff on Chinese goods, triggering a cryptocurrency selloff that wiped more than $19 billion in leveraged positions.