Bitcoin and Solana prices increased on Monday as U.S. trade representatives prepared to meet Chinese officials in London. Bitcoin was trading at approximately $108,000, marking a 1.7% gain, while Solana rose 2.9% to $156. The trade talks follow a recent positive phone call between President Trump and Chinese leader Xi Jinping. However, tensions have grown due to Trump's accusations against China regarding tariff violations. The meeting's outcome is expected to influence the upcoming U.S. bond auctions, which are seen as a potential test for investor appetite for government debt. Analysts suggest that if the bond auctions fail to attract interest, it could negatively impact risky assets, including cryptocurrencies. Previous debt auction failures have caused noticeable drops in Bitcoin’s value. According to CoinShares’ James Butterfill, a poor auction result might result in Bitcoin outperforming equities and Treasuries in a volatile market.

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