BlockBeats News, March 3 — VanEck Chief Executive Officer Jan Van Eck said in an interview with CNBC, “Today’s crypto market is rebounding, but it’s still down more than 50% from the highs of October last year. Regarding Bitcoin, we know two things: it has a limited supply of 21 million coins, and there’s a halving cycle, where every four years Bitcoin miners receive half the block rewards. Bitcoin has an investment cycle: three consecutive years of gains followed by a significant decline in the fourth year. 2026 is exactly this fourth year, so we are in a bear market for cryptocurrencies, more specifically Bitcoin. Therefore, I think there’s no need to overcomplicate things. At the moment, I believe we are building a bottom, which is also a very good sign of recovery.”
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