Bitcoin to $100,000 Next Year? VanEck Reveals What Gets It There
VanEck’s head of digital assets research, Matthew Sigel, expects Bitcoin (BTC) to hit $100,000 by next year, arguing that government debt burdens are propping up the asset. Sigel delivered the forecast on CNBC’s Squawk Box Asia on Friday, with Bitcoin trading near $77,400 in a week that hit crypto from three directions at once. Bitcoin The post Bitcoin to $100,000 Next Year? VanEck Reveals What Gets It There appeared first on BeInCrypto.
Key Takeaways
- VanEck’s head of digital assets research, Matthew Sigel, expects Bitcoin (BTC) to hit $100,000 by next year, arguing that government debt burdens are propping up the asset.
- Sigel delivered the forecast on CNBC’s Squawk Box Asia on Friday, with Bitcoin trading near $77,400 in a week that hit crypto from three directions at once.
- Bitcoin The post Bitcoin to $100,000 Next Year?
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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