Bitcoin to $100,000 Next Year? VanEck Reveals What Gets It There

VanEck's head of digital assets research, Matthew Sigel, expects Bitcoin (BTC) to hit $100,000 by next year, arguing that government debt burdens are propping up the asset.

Sigel delivered the forecast on CNBC's Squawk Box Asia on Friday, with Bitcoin trading near $77,400 in a week that hit crypto from three directions at once.

Bitcoin Holds Its Ground Through a Punishing Policy Week

Bitcoin changed hands at $77,403 on Friday, up 1.26% on the day and more than 20% over the past month, according to BeInCrypto Markets data.

The asset still sits roughly 39% below its record of over $126,000 set on October 6, 2025.

That monthly gain arrived despite a rough stretch for risk assets. The Federal Reserve raised its benchmark rate 25 basis points to a target range of 3.75% to 4% on Wednesday, its first increase since 2023. The Bank of Japan followed on Friday, lifting its policy rate to 1.25%, the highest level since 1995.

Crypto also lost its biggest legislative prize. The Senate rejected cloture on the Clarity Act by a 49-50 vote on Tuesday, stranding the market-structure bill. Bitcoin's price held through the Fed and Senate decisions, but the on-chain picture weakened.

The Argument Behind Sigel's $100,000 Bitcoin Call