Bitcoin

This move fits into a broader trend of Chinese authorities selectively loosening restrictive policies to counter deflationary pressures and property market distress. For crypto, the key transmission channel is via global liquidity and risk appetite: if China's economy stabilizes, it reduces the likelihood of a global growth scare, which historically supports Bitcoin as a high-beta asset. However, the effect is indirect and likely overshadowed by US monetary policy and crypto-specific regulations.

Beijing eased home-buying curbs to boost the property market.

Beijing Eases Home-Buying Curbs in Bid to Lift Property Market

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This visit signals deepening economic coordination between two major powers challenging the US-led financial system. For crypto, it may accelerate adoption of alternative settlement mechanisms (e.g., stablecoins, Bitcoin) for cross-border trade, especially if traditional SWIFT access remains restricted for Russia. However, the immediate market is too fearful to react to such macro shifts.

Russian President Vladimir Putin visited Beijing, and Asia Group China Country Director Han Lin commented on the geopolitical and economic significance of the visit and US-China relations.