VanEck: Crypto Market Outlook Bright, Q1 to See "Risk-Fat" Period

In its Q1 2026 Outlook released Tuesday, global investment management firm VanEck expressed optimism about the market environment for the first three months of the year, anticipating a period of increased investor risk appetite, given the growing clarity on fiscal and monetary policy directions and major investment themes. However, regarding Bitcoin, the report noted that its typical four-year cycle "was broken in 2025, complicating short-term signals," thus adopting a more cautious stance for the next three to six months. The report analyzed that the gradual improvement in the US fiscal situation, with the deficit-to-GDP ratio declining from its pandemic-era peak, helps stabilize long-term interest rates and reduce tail risks.