PANews reported on November 28 that according to official news, asset management giant VanEck's CEO Jan Van Eck stated that the reason for the rapid rise in cryptocurrency prices is the largest shift in U.S. government policy in history. Furthermore, he predicts that Bitcoin will reach $400,000.

Additionally, Jan Van Eck stated in an interview with CNBC last week that he expects Bitcoin's price to exceed $400,000 by 2030. He even predicts that by 2050, Bitcoin's price will reach $3 million.