VanEck: Bitcoin trailing Nasdaq 100 by ~50% in 2025, poised to lead in 2026

In its 2026 outlook, VanEck says Bitcoin has trailed the Nasdaq 100 by roughly 50% year to date in 2025, a gap it argues could precede outperformance next year. David Schassler also pointed to gold's surge past $4,500 an ounce and projected $5,000 in 2026, while Matthew Sigel expects a consolidation phase.