VanEck, a multi-billion-dollar asset management firm, announced that it has turned optimistic on Bitcoin.


VanEck Cryptocurrency Asset Management published notable findings regarding market dynamics in its latest research report on Bitcoin.

The report, prepared by Patrick Bosh and Matthew Sigel from the company’s Digital Asset Research team, said that indicators that have historically been considered “bullish signals” for Bitcoin emerged from both derivatives markets and on-chain network data.

According to the report, market volatility fell significantly as tensions between the United States and Iran eased. Bitcoin price volatility dropped from 56% to 41%, while the seven-day average funding rate fell below zero, registering -1.8%, the lowest level since 2023. Analysts note that negative funding rates have historically coincided with periods of strong optimism. Since 2020, the average 30-day Bitcoin return during periods of negative funding has been 11.5%, compared with an overall average of 4.5%. The report added that returns were much higher during periods of price declines to lower levels.
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KhalidElFechtali
· 6h ago
IIIIIIIIIIIIIIIIIIIIIIIIIII
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