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Bitcoin

This visit occurs amid a backdrop of US-China trade tensions and a global crypto regulatory vacuum. Any thaw in relations could boost risk-on assets, including Bitcoin, while a failure to produce tangible outcomes may reinforce current bearish macro sentiment. Additionally, Musk's history of crypto advocacy and Cook's interest in payment systems (Apple Wallet) hint at potential behind-the-scenes discussions on stablecoins or blockchain infrastructure.

Elon Musk and Tim Cook are among 17 US executives expected to accompany President Trump on a visit to China to meet President Xi Jinping.