VanEck predicts Bitcoin will climb to $100,000 by 2025, citing structural fiscal instability and institutional demand as primary catalysts for the asset's continued resilience against global rate hikes.
VanEck's digital assets research head expects Bitcoin to reach $100,000 next year, citing unsustainable government debt and potential liquidity easing, despite recent Fed and BoJ rate hikes and a Senate setback for crypto legislation.
VanEck's head of digital assets research, Matthew Sigel, projects Bitcoin will reach $100,000 next year, driven by unsustainable government debt and anticipated liquidity easing. Despite recent interest rate hikes from the Federal Reserve and Bank of Japan, alongside a legislative setback in the U.S. Senate, Bitcoin maintains a bullish trajectory with a 20% gain over the past month.
VanEck points to unsustainable government fiscal dynamics and the expectation of future liquidity easing as primary drivers for Bitcoin's potential appreciation.
Bitcoin has gained over 20% in the last month, holding its value despite a Federal Reserve rate hike, a Bank of Japan rate increase, and the Senate's rejection of the Clarity Act.