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BRICS Nations To Adopt Bitcoin For Global Trade, Predicts VanEck Exec

  • Matthew Sigel, Head of Digital Assets Research at VanEck, predicts the potential adoption of Bitcoin by BRICS nations for global trade.
  • Sigel believes that the upcoming downgrade of US sovereign debt by Moody's could serve as a catalyst for Bitcoin adoption.
  • Several BRICS nations, including Russia, are taking steps to bolster their Bitcoin mining infrastructure and explore the use of Bitcoin in global trade.
  • Sigel remains bullish on Bitcoin's future value, projecting it to reach $100,000 or even $200,000 soon.

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