Vaneck Market Outlook: Maintains Bitcoin End-of-Year Target Price of $180,000
BlockBeats News, August 19th, Vaneck released a post summarizing the key market points from mid-July to mid-August as follows:
1. Bitcoin (BTC) hit a historical high rebound to $124,000, with the CME benchmark reaching a yearly high; maintaining a year-end Bitcoin target of $180,000.
2. Bitcoin miner differentiation: APLD increased; although U.S. miners account for 31.5% of global hashrate, most miners have underperformed.
3. Digital Assets Treasury Company (DATS) mNAV decreased: Low volatility suppressed financing and growth.
In addition, Vaneck stated that as autumn approaches, a large amount of open options positions has increased, and even slight volatility may trigger significant price fluctuations through trader hedging. For DAT, prolonged low volatility may limit financing capacity, further compressing mNAV. Macro economic developments and re-engagement of seasonal investors may sustain Bitcoin's momentum, also potentially triggering profit-taking. Nevertheless, we still adhere to the year-end $180,000 BTC price target.
También te puede interesar
Ganadores
Últimas noticias sobre criptomonedas
Yesterday the US Ethereum Spot ETF saw a net inflow of $76.6 million
BANANA surged briefly overnight, breaking through $11.8, with a 24-hour gain of 18.6%.
A certain whale sold off 500 BTC at $10.11 after a rug pull, incurring a loss of over $10.5 million.
Ayer, el ETF en spot SOL de Estados Unidos registró una entrada neta de 5,3 millones de dólares
Circle minted 1 billion USDC on the Solana network in the past 24 hours
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y MM:[email protected]
Programa VIP:[email protected]