03.10.2026 · Cryptonews

Matthew Sigel of VanEck says selling pressure in the Bitcoin market is starting to ease, which could support prices going forward.
The bigger story is the AI boom. Mining firms have locked in 10- to 20-year power contracts with investment-grade counterparties, giving them steady revenue streams that no longer depend solely on the price of BTC.
Sigel noted that quantum computing remains a risk worth watching over the long term, yet it is not serious enough today to justify selling holdings. He added that Bitcoin could still capture a larger slice of investor portfolios than gold.
Based on information from https://cryptonews.net

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