Trump’s US-China trade deal could shed light on Bitcoin’s use case
From Cointelegraph and May 11, 2025 11:59:00 PM:
Bitcoin’s reaction to a US-China trade deal could reveal if it’s a safe-haven asset. BTC outperformed stocks in April, rising 27% to $95,000 while S&P 500 and Nasdaq declined. Analysts speculate on Bitcoin’s response to a trade deal announcement, with some predicting potential rate cuts. Institutional investors may turn to Bitcoin for stability.
White House claims “substantial progress” in US-China trade talks, but no official agreement yet. Analysts suggest Bitcoin may jump with a trade deal and rate cuts, attracting capital into alternative assets. Analysts await a solid trade deal announcement to keep Bitcoin’s momentum. Bitcoin’s performance linked to trade uncertainty and potential deal outcomes.
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