A surprising detail about Bitcoin has come from asset manager VanEck regarding China and Russia!

Asset manager VanEck has confirmed that China and Russia are now officially conducting part of their energy trade using Bitcoin.

Sigel stated that despite the recent fluctuations, Bitcoin has continued to outperform Nasdaq in every major time frame, including last week, month, year-to-date, and the last decade.

Sigel explained, “While slower economic growth does not necessarily mean a rise for Bitcoin, the policy response could indicate a rise,” and added: “If tariffs put pressure on GDP without triggering a new inflation spike, the FED may have room to lower interest rates, which historically creates favorable liquidity conditions for Bitcoin.”

According to VanEck, China and Russia have begun to use Bitcoin and other digital assets for some cross-border energy transactions. Additionally, Bolivia announced plans to import electricity using cryptocurrency, and it has been reported that French utility giant EDF is currently exploring the feasibility of mining Bitcoin using excess electricity exported to Germany.

Sigel said, “These are early signs that Bitcoin is transforming from a speculative asset into a functional monetary tool, especially in economies looking to bypass the dollar and reduce exposure to US-led financial systems.”

Sigel stated that investors should closely monitor the U.S. Federal Reserve’s policy, noting that the dovish shifts in interest rate expectations and increasing liquidity have historically supported Bitcoin’s performance. Sigel also pointed to the U.S. Dollar Index (DXY) as a significant indicator: “The continuation of dollar weakness, especially in the context of geopolitical fragmentation, could support the narrative of Bitcoin being used as a hedge.”