Solana drops 5%, bitcoin below $80,000 as Xi warns Trump on Taiwan conflict

Chinese President Xi Jinping warned Donald Trump of potential conflict over Taiwan during the first U.S. presidential visit to China in nearly a decade. What to know : Bitcoin fell below its recent $80,000 floor to about $79,200 as back-to-back upside inflation surprises and renewed geopolitical tension over Taiwan hit risk sentiment. Major cryptocurrencies broadly declined, with Solana leading losses and only Dogecoin posting a modest gain, while traders watch $78,000 as the next key support level for Bitcoin. The crypto pullback came alongside choppy Asian equity markets around the Trump-Xi summit, even as AI-linked technology shares and names like Cisco continued to outperform.