Bitcoin could hit $100,000 within a year, says VanEck’s Matthew Sigel

Crypto markets may be choppy and traders cautious, but adoption signals suggest interest has not faded. While price action remains uneven, recent commentary highlights growing participation from both retail and institutional investors, alongside new market access from major financial firms.

Major financial institutions eye crypto trading

One of the most significant developments cited is Charles Schwab’s announcement that it plans to launch Bitcoin and Ethereum trading for its clients. The change is framed as a potential gateway to a larger pool of capital, following regulatory shifts that included the rollback of restrictive accounting rules such as SAB131, which had made it harder for banks to custody crypto assets.

Institutional demand is also reflected in exchange-traded product activity. BlackRock’s Bitcoin ETF is reported to be seeing $16–$18 billion in daily volume, which is described as nearly matching Binance.

Macro factors could support a longer-term move

Matthew Sigel, cited in the coverage, argues that global tensions and rising debt could eventually push Bitcoin higher. He points to a central bank that has already added Bitcoin to its reserves, alongside ongoing accumulation by institutions and retail investors.

“Bitcoin reaching $100,000 per coin again. At some point, the bill for this war will come due, and the fiscal and monetary largesse in G7 will become dominant again from a narrative perspective, and that’ll mark the turn in Bitcoin.”

Sigel also provided a one-year outlook, reinforcing bullish sentiment among institutional analysts.

“I think $100,000 Bitcoin is totally reasonable within one year.”

Bitcoin holds up despite uncertainty

Despite war-related headlines and broader uncertainty, Bitcoin has not collapsed. The article notes that Bitcoin is down slightly since the Iran situation began, while still performing better than stocks, gold, and silver. It also references Bitcoin’s worst Q1 in years, adding that historically such periods have sometimes been followed by stronger rebounds.

Altcoin activity continues beneath the surface

While attention remains on Bitcoin, the article highlights ongoing activity across other crypto networks.

• Solana: More than $3 billion in stablecoins were minted in four days, including about $750 million per day. The network is also working on payment tools for merchants.
• Chainlink: Wallets holding over 1 million LINK increased from 100 to 125 over the past year, indicating growth among large holders.
• Grayscale: The firm is pushing forward with BitTensor exposure, described as bringing AI-focused crypto assets closer to institutional investors.