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Trump's China Visit: Bitcoin Gains as Nvidia's Jensen Huang Joins Elon Musk, Top CEOs

President Trump’s state visit to China — joined by top executives including Nvidia CEO Jensen Huang, Elon Musk and Tim Cook — sparked a risk-on reaction across markets. Bitcoin jumped over 1.5% to a 24‑hour high near $81,248 as traders priced in potential easing of US‑China tensions and trade/friction reductions. Nvidia (NVDA) shares also rallied, with the stock climbing about 1.45% to roughly $238.98, lifting its market cap cited in the piece. The article notes recent hot US CPI and upcoming PPI data and Fed developments as key macro catalysts that could temper or amplify the move.

Category

Bitcoin

Sentiment

Bullish

Event

Price movement

Reading time

1 min