CoinVoice has learned that, according to Coindesk, Bitcoin has disappointed investors this year, underperforming gold and the tech-heavy Nasdaq 100 index, despite earlier expectations that it would benefit from fiat currency depreciation.
But according to a manager at VanEck, this largest cryptocurrency may be preparing for a significant comeback next year.
David Schassler, head of multi-asset solutions at VanEck, stated in the company's recent 2026 outlook: "Bitcoin's performance so far this year has lagged the Nasdaq 100 index by about 50%, and this misalignment makes it likely to be one of the best-performing assets in 2026."
Schassler wrote that, although this year's weakness reflects reduced risk appetite and tightened liquidity, the fundamentals of Bitcoin remain solid. He added: "As (currency) depreciation accelerates and liquidity returns, Bitcoin tends to react violently," he stated, "we have been buying."
Schassler's broader argument focuses on the powerful combination of currency depreciation, technological transformation, and the rise of hard assets. The asset management company believes that funding future liabilities and political ambitions will increasingly rely on printing money, driving investors towards scarce value storage means like gold and Bitcoin. [Original link]
