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XLM $0.1572 +0.17%
ZEC $509.90 +4.28%
BTC $63,304.93 +0.49%
ETH $1,893.77 +0.75%
BNB $604.05 -0.47%
XRP $0.9974 -0.40%
SOL $75.31 -0.06%
TRX $0.3328 +0.60%
DOGE $0.0701 +0.54%
ADA $0.1748 -1.29%
BCH $204.71 +0.39%
LINK $9.40 -0.08%
HYPE $59.17 +3.10%
AAVE $85.93 +0.06%
SUI $0.6753 -0.34%
XLM $0.1572 +0.17%
ZEC $509.90 +4.28%

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

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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