Vaneck Analyst: China and EU measures against US tariffs use the cryptom market
- The countermeasures of China and the EU against the tariffs of the United States could advance the introduction of cryptocurrencies, since the countries are looking for alternatives to the US dollar in global trade.
- The increasing use of Bitcoin in the energy trade and the strong ETF inflows signal growing benefits and the trust of investors despite global economic uncertainty.
The wave of US tariffs has triggered concern about international trade interruptions, but market analysts suspect that the effects could have unexpected positive effects on digital assets.
Matthew Sigel, Head of the Digital Assets Research area at Vaneck, says that possible reactive measures by China and the European Union could promote the further spread of cryptocurrencies, especially Bitcoin, because the countries are trying to depend on their dependency on US-Dollar to reduce. His analysis takes place in the middle of increasing political tensions and a changing global economic structure that increasingly incorporates digital currencies into strategic planning.
Sigel’s comments that have recently been posted in a thread on the social media platform X underline how new global trade patterns begin to integrate Bitcoin as a legitimate means of payment, especially for energy transactions.
SOME THOUGHTS FOR CLIENTS ON TARIFFS IMPACT ON BITCOIN –>
How do the latest tariff announcements impact Bitcoin and digital assets?
The Trump administration’s April 2 tariff package—targeting imports from China and the EU—has reignited global trade tensions and heightened the…— matthew sigel, recovering CFA (@matthew_sigel) April 4, 2025
He refers to examples in which China and Russia have already started to handle some energy transactions with Bitcoin and other cryptocurrencies. These steps reflect a growing interest of the governments in digital alternatives for cross -border trade.
Elsewhere, Bolivia announced in March to want to use cryptocurrencies to facilitate energy imports. In Europe, Électricité de France (EDF) reports to use excess electricity to mining Bitcoin instead of exporting it to neighboring countries like Germany.
According to Sigel, these steps mean more than just experiments. They indicate a larger trend in which digital assets become instruments of monetary reorganization and economic independence. In this context, Bitcoin could become more valuable as a neutral and limitless means of payment, especially in multipolar trade relationships that no longer concentrate on the US dollar.
US tariffs can accelerate the spread and use of cryptocurrency
The statements, reported on the CNF, follow the youngest Implementation Ordinance By US President Donald Trump the far -reaching tariffs against different countries, including important trading partners in the United States. According to the government, the goal is to protect domestic industry. However, the arrangement has already sent shock waves through the global markets and has affected traditional stocks and digital assets.
Sigel notes that digital assets could benefit if China and the EU react with measures that bypass the trading system based on the dollar. A departure of dollar transactions, especially in sectors such as the energy sector, could promote greater use of cryptocurrencies.
He also points out how important it is to pursue macroeconomic factors. This includes keeping the Federal Reserve among the interest rates, the strength of the US dollar and the general liquidity of the financial markets. In the past, Dovishe measures of the Fed, such as interest rate cuts and liquidity injections, fell together with price gains at Bitcoin.
Onchain signals and ETF activity offer further insights
Despite the latest price fluctuations, Sigel says that The currents of the Börsen traded Bitcoin ETFs remain positive. Bitcoin ETFs listed in the United States have recorded net inflows of around $ 600 million since the beginning of the year. At the end of March in particular, investors were again interested, even with general market uncertainty.
Sigel also points out how important it is to observe the activities on the Bitcoin chain in order to recognize signs of the health of the network and acceptance. Metrics such as the transaction volume, the creation of wallets and the behavior of miners can provide insights into the real use of Bitcoin beyond market speculations.
Another important key figure is the US dollar index (DXY), which measures the value of the dollar compared to other important currencies. A weakening dollar could make the role of Bitcoin credible as a hedge asset, especially for investors and nations who are looking for alternatives in currency fluctuations.
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