EddieJayonCrypto
5 Apr 25
US President Donald Trump's tariffs on 180 countries have sparked global trade tensions, leading to renewed interest in Bitcoin as a strategic financial asset, according to VanEck's head of digital assets, Matthew Sigel. He highlighted Bitcoin's appeal as a neutral asset during economic uncertainty ...
Global trade tensions have sparked renewed interest in Bitcoin as a strategic financial asset, driven by its appeal as a neutral asset in times of economic uncertainty. Nations such as China, Russia, and Bolivia are turning to digital assets for cross-border settlement, with evidence of select energy transactions being settled in Bitcoin. These developments reflect a shift towards real-world usage of cryptocurrencies in global trade.
Federal Reserve policy shifts and potential dollar weakness could further boost Bitcoin's position, with US-listed spot Bitcoin ETFs experiencing net positive inflows, showcasing growing institutional interest in the cryptocurrency. The recent tariffs imposed by US President Donald Trump on 180 countries have reignited global trade tensions, leading to heightened attention on Bitcoin's strategic financial allure. Matthew Sigel, VanEck's head of digital assets, emphasized Bitcoin's potential role in the emerging multipolar order and advised investors to monitor the Federal Reserve policy and the US Dollar Index for potential impacts on Bitcoin.
Despite market volatility, US-listed spot Bitcoin ETFs have seen net positive flows, indicating growing institutional interest. This trend is supported by the evolving real-world adoption of Bitcoin in global trade and the potential implications of Federal Reserve policy shifts and dollar weakness on the cryptocurrency's position as a strategic financial asset.