Bitcoin April Strength Raises Questions
In April, while traditional markets stumbled in the wake of Donald Trump’s aggressive tariff rhetoric on “Liberation Day,” Bitcoin marched to the beat of its own drum. The leading cryptocurrency rebounded sharply after dipping to around $75,000, closing the month nearly 27% higher.
In contrast, the S&P 500 and Nasdaq indexes each posted declines, reinforcing the narrative that Bitcoin may be emerging as a safe-haven asset in times of macroeconomic friction.
Crypto analyst Daan Crypto highlighted this contrast in a May 11 post, suggesting that Bitcoin’s strength may have been fueled by speculation that certain global actors could be using it to skirt tariffs.
However, he warned that if the trade conflict cools, that particular tailwind might vanish. “If the trade uncertainty was driving BTC’s outperformance,” he wrote, “then confirmation of a deal — especially with China — should, in theory, slow that momentum.”
Trade Resolution Could Be a New Catalyst
The White House, for its part, confirmed that talks with Beijing had been “productive,” with Treasury Secretary Scott Bessent hinting at further details to come. Yet despite optimism, no formal agreement has been made public — leaving markets in a holding pattern.
The lack of clarity makes Bitcoin’s next move all the more intriguing. BTSE COO Jeff Mei believes a finalized trade agreement, paired with the growing expectation of interest rate cuts, could unlock new institutional appetite for Bitcoin. “Less geopolitical tension and easier monetary policy could be just the mix investors need to reenter crypto,” he stated in a recent interview.
Jupiter Zheng of HashKey Capital echoed the sentiment, suggesting a trade breakthrough could trigger capital rotation into risk assets like Bitcoin — particularly if it weakens the dollar or bolsters emerging markets.
Yet not everyone is convinced a rally is inevitable. On X, analyst Will Clemente noted that Bitcoin’s recent momentum is showing signs of cooling, adding that “you’re gonna need a real, tangible announcement on the China front to keep things moving.”
The post Analysts Watch Bitcoin Price Action as US-China Talks Progress appeared first on BitcoinLinux.com.
