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Bitcoin’s resilience during stock market turmoil raises questions about its role as a safe-haven asset. Analysts suggest its reaction to a US-China trade deal could provide clarity. The cryptocurrency’s strong recovery in April contrasts with declining stock indexes.
- Bitcoin outperformed stocks during April's market sell-off, rising 27% after a brief plunge.
- Analysts link Bitcoin's momentum to trade uncertainty, suggesting a deal could alter its trajectory.
- The S&P 500 and Nasdaq declined in April, contrasting with Bitcoin's strong recovery.
📎 Related coverage from: cointelegraph.com