VanEck's Head of Digital Assets Research Predicts Bitcoin Could Reach New All-Time High This Year
Matthew Sigel, the head of digital assets research at VanEck, has expressed bullish sentiment on Bitcoin, stating that it could surpass its all-time high of $69,044 this year. Sigel believes that the upcoming contentious election could provide an opportunity for change and pro-Bitcoin policies. He also attributes Bitcoin's late 2020 gains to a weaker dollar and various macro factors, such as Nigeria reversing its bank bans and Argentina's acceptance of Bitcoin for contract settlement. Bitcoin is currently trading at $42,660.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ETH 10th anniversary—Bitget community carnival
[Initial Listing] Bitget Will List NERO Chain (NERO). Come and grab a share of 65,000,000 NERO
Notice: VND deposit service Back to Normal
[Initial Listing] Bitget Will List DePHY (PHY). Come and grab a share of 6,600,000 PHY
Trending news
MoreCrypto prices
More
