Since the so-called "Liberation Day" on April 2—when new tariff measures were rolled out—Bitcoin ($BTC) has shown remarkable strength relative to traditional equities.
According to market analyst Daan Crypto Trades, this trend isn’t just a blip—it could be a signal of a deeper narrative playing out in global finance.
While April saw significant drawdowns in stock markets, Bitcoin held its ground and even outperformed during the rebound that followed the implementation of tariffs. This unexpected strength led many to question whether Bitcoin was being quietly positioned as a tool for countries to bypass traditional trade barriers.
Fast forward to May 11, as the U.S. officially announces a trade deal with China in Geneva, the question resurfaces: Was Bitcoin’s rally driven by fears of prolonged trade tension? And more importantly—now that a resolution appears to be on the table, will this momentum fade?
Daan suggests that if Bitcoin’s strength was merely a hedge against trade uncertainty, then logically, BTC should lose its edge following the announcement of the deal. However, if Bitcoin continues its upward trajectory, it could imply that the crypto asset is decoupling from tariff-related concerns altogether.
"If BTC keeps doing its thing and just keeps outperforming, it’s safe to assume that tariffs likely have little direct impact on how BTC is treated or used," he concludes.
This observation underscores a larger idea: Bitcoin’s growing appeal may lie not in its role as a hedge against specific geopolitical events, but as a global, decentralized asset that operates independently of nation-state policy.
As traditional financial markets digest the new U.S.–China trade agreement, Bitcoin’s performance in the days ahead will offer valuable insight into its role in the evolving macroeconomic landscape.
