PANews reports on April 9th that according to a blog analysis by VanEck, amid global trade tensions triggered by Trump's new round of tariffs, Bitcoin is gradually transforming from a speculative asset to a functional monetary tool, particularly suitable for economies seeking de-dollarization and avoiding the US-dominated financial system. The report also mentioned that if tariffs suppress GDP growth without causing inflation, the Federal Reserve may have room to cut interest rates, which would be beneficial for Bitcoin's performance.
VanEck says Bitcoin is transforming into a functional monetary tool
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