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ETH $2,228.98 -2.87%
BNB $673.97 -1.53%
XRP $1.43 -4.14%
SOL $89.29 -3.42%
TRX $0.3521 -0.51%
DOGE $0.1130 -3.04%
ADA $0.2617 -3.80%
BCH $427.19 -2.22%
LINK $10.08 -4.27%
HYPE $44.15 -1.59%
AAVE $93.27 -5.69%
SUI $1.10 -7.46%
XLM $0.1552 -4.74%
ZEC $516.87 -7.50%

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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