Bitcoin’s strong April rally — up 27% from $75K to $95K — outpaced stocks amid Trump’s new tariff threats, raising questions about BTC’s role as a safe haven.
As trade talks between the US and China progress, analysts are watching to see if BTC’s resilience holds, or if a deal would cool demand.
“If trade uncertainty boosted BTC, a resolution should reduce performance,” said analyst Daan Crypto. But BTC remains strong, casting doubt on that theory.
Some, like BTSE’s Jeff Mei, believe a deal plus rate cuts could actually fuel more institutional crypto interest. Others see it as a signal for capital to shift into risk assets like Bitcoin.
Still, Will Clemente warns: “Momentum is stalling. We need a clear, real announcement from China for the rally to continue.”
What do you think — is Bitcoin still a safe haven?
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