[VanEck: Bitcoin May Rise to $100,000 Next Year, Fiscal Concerns Provide Support] BlockBeats News, September 18 — Matthew Sigel, Head of Digital Asset Research at VanEck, stated in an interview with CNBC that Bitcoin could rise to $100,000 next year, as concerns over government debt and fiscal sustainability are providing support for its price. Bitcoin's volatility has decreased by approximately 50% compared to four years ago, indicating significant differences between this cycle and the previous one. Currently, governments are widely facing issues of excessive debt, which has allowed Bitcoin to maintain resilience. He also mentioned that the price of put options is significantly higher than that of call options, and the U.S. Treasury's bond repurchase program has led to substantial short covering, making the current time window more favorable for Bitcoin bulls. Policymakers are unlikely to resolve unsustainable fiscal conditions, and if market liquidity further loosens, it will provide stronger momentum for Bitcoin. VanEck's interactions with institutional clients such as investment advisors and sovereign wealth funds indicate that these institutions are actively buying Bitcoin. VanEck also predicts that the stablecoin market will continue to grow. Although stablecoin regulation has been enacted into law through the 'GENIUS Act,' banking lobbying groups are still attempting to renegotiate related arrangements. Previously, the U.S. Senate failed to advance the 'CLARITY Act,' which aimed to establish a regulatory and market structure framework for crypto assets. [Original Link]