BlockBeats News, March 3rd. During an interview with CNBC, Jan Van Eck, CEO of the investment management firm VanEck, stated, “Today the crypto market is rebounding, but it is still down over 50% from its peak last October. Regarding Bitcoin, we know two things: the total supply is limited to 21 million coins, and there is a halving cycle where Bitcoin miners’ block rewards are halved every four years. Bitcoin has an investment cycle: three consecutive years of growth followed by a typically significant drop in the fourth year. 2026 happens to be this fourth year, so we are currently in a bear market for cryptocurrency, specifically for Bitcoin. Therefore, I think there is no need to overcomplicate. From what I can see now, I believe we are bottoming out, which is also a very good sign of recovery.”
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