VanEck Maintains $180K Bitcoin Forecast as CME Basis Rates Hit 9% Peak

Investment firm VanEck reaffirms $180,000 year-end Bitcoin price target despite recent market volatility as CME basis funding rates surge to 9% highest level since February 2025, while institutional demand remains robust with exchange-traded products purchasing 54,000 BTC and Digital Asset Treasuries adding 72,000 BTC in July alone.