VanEck: Bitcoin Miner Capitulation Suggests Market Bottom
- VanEck identifies Bitcoin miner capitulation signaling a potential market bottom.
- Market data shows a 4% hashrate drop, historic gains likely.
- Institutions accumulate Bitcoin during miner sell-off phase.
VanEck analysts Matt Sigel and Patrick Bush suggest that Bitcoin miner capitulation, with a 4% hashrate drop, may indicate a market bottom as of December 15, 2025.
This event could lead to potential BTC price gains, supported by historical trends indicating positive returns post-hashrate declines.
VanEck analysts report a recent Bitcoin miner capitulation, marked by a 4% network hashrate drop, may indicate a market bottom. Historical data reflects a significant probability of future BTC price gains over the coming months.
Matt Sigel and Patrick Bush from VanEck highlighted the decrease in network hashrate as a potential bullish indicator. Historical trends suggest such reductions often precede strong price recoveries in the cryptocurrency market.
The immediate effects of this analysis could influence investor strategies, particularly those focusing on Bitcoin. Insights from VanEck have often been regarded as pivotal in understanding market dynamics.
The reported decline in network hashrate coincides with broader market volatility, as reflected by recent Bitcoin price fluctuations and on-chain activity changes. These factors collectively shape the economic landscape.
Notable figures estimate the hashrate decline to be the sharpest since April 2024, sparking discussions around mining sector stability. Experts project potential financial and market outcomes based on current trends. VanEck observes a historical pattern where such miner capitulations precede a 72% average return over 180 days. Institutional participation also holds notable sway.
Matt Sigel, Crypto Research Lead, VanEck, stated, “Recent Bitcoin miner capitulation may signal a market bottom, as historical data suggests a 65% probability of 90-day BTC price gains.”



