Vaneck Analyst says that retaliation steps from China and the EU can increase the narrative for the crypto – why
An analyst in a leading global investment company says he can support economic ordeal against new US tariffs from the Chinese and the European Union (EU).
Matthew Sigel, Head of Digital Asset Studies in Vaneck in a new thread in the social media platform X he says President Donald Trump’s latest tariff tour will accelerate the adoption of Bitcoin (BTC) as a tool for the settlement of energy trade.
“China and Russia have recently turned out to have solved some energy transactions using Bitcoin and other digital assets – just as we guessed. Bolivia also announced its plans to import energy using crypto in March. And EDF (? Électicité de FANCE) will discover using surplus electricity to Germany.
These developments emphasize how digital assets develop from speculative tools to energy trade and monetary reorganization tools. In this context, the latest tariffs can be not only an economic story, but a accelerator for the role of Titcoin in the very polar order. “
Sigel says traders should pay attention to the policies of the US Federal Reserve, China and the EU to better measure the crypto markets.
In addition, the US Dollar and BTC stock market designed funds (ETF) entrances of the power of the relevance level. According to Sigel, if China and EU will retaliate for Trump’s tariffs and move away from the US dollar, it can increase their use for digital assets.
“Investors should monitor the developing path of the FED policy: the rate of ratio expectations and increasing liquidity changes are historically positive for Bitcoin. The US Dollar Index (DXY) is another key indicator-Symptoms of weaknesses can support the Bitcoin-As-Riz narrative.
Bitcoin ETF flows and activity on the chain are also important: despite the volatility, the Bitcoin ETFs listed in the US are ~ ~ 600 million dollars of $ 600 million with renewed entries in late March.
And finally, those who skip dollars-based systems from China or the EU, especially a retaliation step, can accelerate the strategic case for crypto. “
Last week, Trump signed an executive order that implements a long nation list or mutual tariffs in order to maintain the specified domestic production. The announcement shook global markets and caused a sharp decline in digital assets and stock prices.
Follow us X– Facebook And Telegram
Do not miss a rhythm – subscribe to receive e -mail warnings sent directly to your incoming box
Check the price action
Surfing the daily Hodl mixture
& nbsp
Waiver: The opinions expressed in daily HODL are not investment advice. Investors should make status determinations before making high -risk investments in Bitcoin, crypto currency or digital assets. Please your transfers and transactions are in your own responsibility and the losses you may encounter are your responsibility. Daily Hodl does not recommend that any crypto currency or digital assets be purchased or sold or that Daily Hodl be an investment consultant. Please note that daily HODL has participated in affiliate marketing.
Following Picture: Shutterstock/EKY Rima Nurya Ganda
