Matthew Siegel: Bitcoin may rise to $100000 next year

Matthew Siegel, head of digital asset research at VanEck, stated that Bitcoin may rise to $100000 next year, supported by concerns about government debt and fiscal sustainability. The volatility of Bitcoin has decreased by about 50% compared to four years ago, and institutional clients are buying Bitcoin. VanEck expects the stablecoin market to continue growing, despite stablecoin regulation becoming law through the GENIUS Act, bank lobbying groups are still attempting to renegotiate related arrangements. (Source: CNBC)