$100K Bitcoin by Next Year? VanEck Researcher Sees Favorable Market Conditions
Matthew Sigel, Head of Digital Assets Research at VanEck, believes Bitcoin could reclaim its six-figure mark by next year.
The crypto asset is currently trading at around $80,000 following a turbulent macroeconomic week.
Sigel notes that mounting fiscal anxiety and structural market shifts are laying the foundation for a meaningful rally.
He emphasizes that institutional appetite remains remarkably resilient despite these headwinds.
A major shift in market mechanics is distinguishing this cycle from previous runs, according to Sigel.
BTC's annualized price volatility has tanked by about 50% versus four years ago, signaling an asset class maturing under institutional stewardship rather than purely speculative retail trading.
Underlying this stability is a worsening global sovereign debt landscape.