VanEck Asset Management Company reveals surprising details about China's and Russia's Bitcoin.

VanEck Asset Management has confirmed that China and Russia are now officially conducting some energy transactions in Bitcoin. Sigel stated that despite recent volatility, Bitcoin continues to outperform Nasdaq across all major time frames over the past week, month, year, and decade. "Although slowing economic growth is not a bullish factor for Bitcoin, the policy response could be a bullish factor," Sigel explained. "If tariffs pressure GDP without causing a new bout of inflation, the Fed may have room to cut interest rates, creating liquidity conditions that Bitcoin has previously excelled in." According to VanEck, China and Russia have begun using Bitcoin and other digital assets for some cross-border energy transactions. Additionally, Bolivia has announced plans to import electricity using cryptocurrency, and the French utility giant EDF is reportedly exploring the feasibility of mining Bitcoin with surplus electricity that is currently being exported to Germany. Sigel stated: "These are the initial signs that Bitcoin is transitioning from a speculative asset to a functional currency tool, especially in economies looking to eliminate the dollar and reduce exposure to U.S.-led financial systems." Sigel advises investors to closely monitor the policies of the Federal Reserve, noting that a moderate change in interest rate expectations and increased liquidity historically supported the performance of Bitcoin. Sigel also pointed out that the US Dollar Index (DXY) is an important indicator: "The ongoing weakness of the dollar may support the narrative that Bitcoin is being used as a hedge, especially in the context of geopolitical fragmentation."