PANews reported on April 9 that according to a blog analysis published by VanEck, as Trump's new round of tariffs triggered global trade tensions, Bitcoin is gradually transforming from a speculative asset to a functional monetary tool, especially for economies seeking to de-dollarize and circumvent the U.S.-dominated financial system. The report also mentioned that if tariffs suppress GDP growth but do not cause inflation, the Federal Reserve may have room to cut interest rates, which will be beneficial to Bitcoin performance.