VanEck executives believe Bitcoin's price could rally strongly in the fourth quarter due to its correlation with quantitative easing and inverse relationship with the US dollar. The Federal Reserve's decision to cut interest rates has increased the likelihood of such a rally. VanEck Digital Assets Research Head Matthew Sigel said: "Bitcoin prices have shown a close correlation with global quantitative easing and tend to move in opposite direction of the US dollar. The Fed's decision to cut interest rates has increased the possibility of a strong rally in the fourth quarter." This aligns with previous observations that Bitcoin has acted as a hedge against inflation, as quantitative easing tends to weaken fiat currencies. With the global economic outlook remaining uncertain, Bitcoin's potential as a safe-haven asset could further boost its value in the coming months.