Bitcoin Keeps Cool Above $115K Ahead of Fed Meeting, Trump-Xi Summit in South Korea

Bitcoin (BTC) maintained its ground above the $115,000 level early Monday, demonstrating notable stability as traders brace for a potentially turbulent week packed with high-stakes macroeconomic and geopolitical events. Currently trading above the market seems paused, digesting recent gains while anticipating catalysts that could violently break the current calm.

This week sees a rare convergence of market-moving events:

already surged Monday on optimism surrounding the Trump-Xi talks, with Japan’s Nikkei 225 and South Korea’s KOSPI hitting records. This backdrop highlights the market’s sensitivity to these upcoming events.

For Bitcoin, this mix of monetary policy, earnings data, and geopolitics could go either way. A dovish Fed or a strong trade deal could boost risk assets, pushing BTC higher.

On the other hand, signs of renewed trade friction or hawkish Fed language could cause a pullback. Traders are also watching the US–China dynamic closely, given how directly Trump’s tariff comments have affected Bitcoin prices throughout October.

CryptoQuant shows that each shift in Trump’s tone on China has mirrored Bitcoin’s price movements and the Net Unrealized Profit/Loss (NUPL) indicator.

When Trump threatened 100% tariffs, Bitcoin fell nearly 8%. When talks resumed, it bounced back. The upcoming Trump–Xi meeting could therefore become a pivotal moment for BTC price.

Meanwhile, Bitcoin inflows to Binance 185,000 BTC in October, the highest in months. About a quarter of those transfers came from whales.

While big inflows sometimes suggest selling pressure, analysts at CryptoQuant believe this wave looks more like repositioning than panic, preparing for volatility rather than exiting the market.

Interestingly, Bitcoin hasn’t fallen below $100,000 since early October. It’s holding steady, even as traders anticipate major macro events.