[VanEck CEO: Bitcoin 'is bottoming out,' a very positive recovery signal] VanEck CEO Jan Van Eck stated in an interview with CNBC that Bitcoin is primarily driven by two core factors: the fixed total supply of 21 million coins and the halving cycle every four years. During halving, the block rewards miners receive are directly cut in half, forming Bitcoin's mature investment cycle—three consecutive years of growth followed by a significant decline in the fourth year. 2026 is precisely that fourth year, which is also the reason for the current bear market in Bitcoin and the entire cryptocurrency sector. He believes the market is bottoming out, which is a very positive recovery signal.