VanEck predicts Bitcoin could reach $100,000 next year

Matthew Sigel, head of digital assets research at VanEck, stated that Bitcoin could rise to $100,000 next year. He cited concerns over government debt and fiscal sustainability, potential liquidity easing, and short covering triggered by U.S. Treasury buybacks as key drivers. Sigel noted that Bitcoin's volatility has dropped by about 50% compared to four years ago, and institutional interest from investment advisors and sovereign wealth funds remains strong. VanEck also expects continued growth in the stablecoin market, despite ongoing regulatory pressure.