$XRP US-China Tariff Negotiations Could Begin - What Will Happen to BTC?

Analysts point to the proximity of May trade negotiations as a possible catalyst for increased investor appetite in traditional and cryptocurrency markets.

Bitcoin's recovery to its all-time high may be threatened by rising recession fears, which could be alleviated if the US and China begin tariff negotiations this month, research analysts told Cointelegraph.

Appetite for global risk assets like Bitcoin

BTC

€85,779

could take another hit, as Apollo Global Management analysts predict a recession.

"Apollo Predicts Summer Recession: The Steepest Drop in Earnings Outlook Since 2020," wrote cross-asset analyst Samantha LaDuc in an April 26 post on X.

Progress in tariff negotiations could be the most significant factor impacting a potential recession and Bitcoin's price trajectory, according to Aurelie Barthere, senior research analyst at crypto intelligence platform Nansen.