On September 1, 2025, during the 25th summit of the Shanghai Cooperation Organization in Tianjin, collaboration in blockchain, cloud computing, and the digital economy was announced.
SCO Initiatives in Blockchain
SCO leaders discussed the potential for strengthening global digital cooperation through blockchain adoption, but there are currently no direct financial impacts or cryptocurrency mentions in official reports.
Bitcoin: Price Decline and Long-Term Prospects
Bitcoin is currently priced at $111,003.65, which is a 3.02% decrease from a month ago; however, it has shown a 5.53% increase over the past 90 days.
Market Analysis and Initiative Consequences
Research highlights that the SCO's initiative opens up prospects for technological cooperation, yet markets remain cautious about immediate impacts.
The SCO's blockchain initiative underscores the need for international cooperation, but the true market consequences and implications for cryptocurrencies remain uncertain.
