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BCH $449.62 -1.19%
LINK $9.31 -1.86%
HYPE $41.67 -2.08%
AAVE $97.55 +0.95%
SUI $0.9351 -1.23%
XLM $0.1659 -2.96%
ZEC $353.99 -0.79%

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

2024-07-02 11:36:11
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ChainCatcher news, VanEck's Head of Digital Asset Research Matthew Sigel stated in a recent investor report: "If the persistence of the current cycle is consistent with previous trends, this could indicate a potential market top between the second and fourth quarters of 2025. Historically, the cryptocurrency market has experienced distinct four-year cycles, with significant price peaks typically occurring after a top. The cycles from 2013 to 2017 and from 2017 to 2021 both followed this trend, with each halving resulting in new all-time highs."

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

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