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VanEck’s Sigel Sees Bitcoin at $1M Within Five Years
VanEck digital assets research head Matthew Sigel said he sees Bitcoin reaching $1 million within the next five years. Sigel said broader adoption across age groups supports that view. Sigel said VanEck’s base-case model estimates Bitcoin could reach $2.9 million by 2050. Sigel said the recent rally looks driven by macro trends and short covering rather than euphoric derivatives positioning.