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ETH $1,914.77 +0.34%
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XLM $0.1545 -2.05%
ZEC $510.22 -0.98%
BTC $64,758.82 +0.62%
ETH $1,914.77 +0.34%
BNB $603.17 -0.30%
XRP $1.00 +0.27%
SOL $77.29 +2.00%
TRX $0.3331 +0.64%
DOGE $0.0704 +0.35%
ADA $0.1743 +0.26%
BCH $204.46 +0.06%
LINK $9.51 +0.49%
HYPE $58.87 -0.05%
AAVE $89.58 +1.93%
SUI $0.6579 -2.65%
XLM $0.1545 -2.05%
ZEC $510.22 -0.98%

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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