Bitcoin's price reaction to a potential US-China trade deal may reveal its role as a safe-haven asset. BTC outperformed stocks after Trump's April tariff announcement, recovering 27% to ~$95K while S&P 500 and Nasdaq fell. If BTC continues rising post-deal, tariffs may not directly impact its use case. Analysts suggest a trade agreement could boost BTC alongside potential rate cuts, driving institutional interest. Others argue only a concrete deal announcement will sustain BTC's momentum. Markets await further details on the trade talks progress.