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Deep Tide TechFlow News, May 10 — VanEck Digital Asset Research Director Matthew Sigel stated in an interview with CNBC that although Bitcoin has retreated nearly 50% from its 2025 high, it is expected to return to its historical highs within the next 12 months. Sigel believes that the current market sentiment remains cautious, more like short covering rather than extreme optimism, so there may still be room for upward movement. Additionally, he thinks that if the Clarity Act passes, it will accelerate institutional funds entering the crypto market, but he remains cautious about altcoins overall, favoring Bitcoin and mining opportunities driven by AI.