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VanEck Digital Assets Research Director: The current market cooling phase is a precursor to another surge

Bitget2024/07/02 03:49

In a recent investor report, Matthew Sigel, Head of Digital Asset Research at VanEck, stated in a ChainCatcher message: "If the persistence of the current cycle is consistent with previous trends, it may indicate that a market peak could occur between the second and fourth quarters of 2025. Historically, the cryptocurrency market has experienced distinct four-year cycles where significant price peaks usually appear after halving. The cycles from 2013 to 2017 and from 2017 to 2021 have followed this trend, setting new historical highs each time after halving."

Sigel's analysis suggests that the current cooling phase in the market is a precursor to another surge.

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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.

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