Russia’s growing use of cryptocurrency in international trade may be helping stabilise the ruble by reducing reliance on the U.S. dollar and other fiat currencies.
China and Russia’s move to settle energy trades in Bitcoin, Paul Atkins’ SEC confirmation, the latest crypto roundtable, and Michael Saylor’s continued Bitcoin investment amid market uncertainty highlight key developments this week.
A major Bitcoin breakout is predicted as rising U.S. Treasury yields, global recession fears, and escalating trade tensions push investors towards BTC.
With the traditional financial system under growing pressure, this moment marks a unique opportunity for Bitcoin to shine as a resilient and decentralised alternative.
As global crypto adoption surges, this week’s update highlights growing user engagement in the U.S., rising investment trends in Brazil, and the challenges faced by the crypto industry in Russia.
A strong support for crypto emerges from the Trump camp, as Eric Trump hails Bitcoin’s value and criticises traditional finance, emphasising the importance of embracing digital assets for the future.