Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
The head of research at VanEck, Matthew Sigel, indicated that in the upcoming months, it is unlikely that strong catalysts will emerge to alter the current trajectory of Bitcoin.
According to him, when assessing Bitcoin’s prospects, it is essential to consider the four-year cycle. Within this framework, the leading cryptocurrency experiences three consecutive years of growth, followed by a significant decline in the fourth year. Previously, VanEck’s CEO, Jan van Eck, noted that the year 2026 aligns with this phase, suggesting that the market may be nearing its bottom.
Related Posts
Sigel also highlighted structural changes within the industry: he believes that miners are increasingly evolving into data center operators focused on artificial intelligence tasks. This shift may reduce these companies’ dependence on Bitcoin’s price movements.
The analyst added that he anticipates a growing importance of so-called corporate blockchains. He stated that companies like Circle and Stripe are working to develop their own infrastructure solutions for payment processing. Among the factors that could accelerate this process, Sigel mentioned that obtaining banking licenses for crypto firms could grant them access to accounts at the U.S. Federal Reserve, thereby simplifying transactions between fiat currencies and digital assets.
Earlier, analysts from Glassnode noted that Bitcoin is trading within the range of $60,000 to $70,000 amid a lack of pronounced growth drivers. They believe that pressure on the price of the leading cryptocurrency is intensified by spot demand, which partially absorbs the supply.
