VanEck CEO: Bitcoin forming bottom as four-year halving cycle ends

VanEck CEO Jan van Eck said Bitcoin’s price is close to a bottom as the four-year halving cycle winds down. He told CNBC his firm expects Bitcoin to gradually pick up this year, noting the market has been driven recently by the halving — which halves miner rewards every four years — rather than by fundamentals.

"Now I think we are making a bottom," he added, describing the pattern of several up years followed by a sharp fourth-year decline and calling 2026 that fourth year. Debate persists over whether the four-year cycle still holds in a market with greater institutional adoption.

Critics point to macro demand from exchange-traded funds, a weakening U.S. dollar and more positive regulatory developments as factors that could blunt or reshape the traditional cycle. CoinGecko data shows Bitcoin is up 2.6% over the past 24 hours, trading at $68,400 at the time of writing, and up 7.6% over seven days.

United States

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