GetChain News
中简 中繁 EN
GetChain News
Toggle sidebar

VanEck: Bitcoin Could Reach $100,000 Next Year, Supported by Fiscal Concerns and Loose Liquidity

Source: www.cnbc.com
Matthew Sigel, Head of Digital Asset Research at VanEck, told CNBC that Bitcoin could climb to $100,000 next year. Concerns over government debt and fiscal sustainability, potential liquidity easing, and short covering sparked by US Treasury repo trades are all supportive of Bitcoin's outlook. Volatility has decreased by approximately 50% compared to four years ago, while institutional clients approached by VanEck, including investment advisors and sovereign wealth funds, continue to accumulate.

Related investors

Related projects