US-China trade deal could shed light on Bitcoin’s use case: Trader
- The United States and China reached a recent trade deal that has sparked global attention on Bitcoin's role on May 11, 2025.
- This agreement follows prolonged trade tensions and economic uncertainty, prompting investors to explore alternative assets like Bitcoin.
- Bitcoin showed resilience in April by rebounding 27% from $75,000 to $95,000, contrasting with declines in major stock indices like the S&P 500 and Nasdaq.
- Traders speculate Bitcoin gains partly stem from its borderless, decentralized nature and as a potential safe haven amid geopolitical risks, though volatility remains high.
- The final impact of the trade deal on Bitcoin remains uncertain, with some analysts saying momentum may stall without a clear announcement, while institutional interest grows.
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