Milady Coin

Pepe Coin

Bitcoin

Renowned crypto analyst, Michael Van de Poppe, who is closely monitored by crypto investors, has published his latest market update. As <a href="https://en.coin-turk.com/famed-crypto-analyst-warns-of-possible-deep-dive-in-bitcoin-and-market-value/" data-wpel-link="internal">Bitcoin</a> fluctuates between $25,000 and $27,000, the expert crypto analyst asserts that the key to survival in these periods is focusing on long-term targets. So, what are the expectations for the markets?&nbsp; 
<h2 style="text-align: justify" id="regulatory-edition">Regulatory Edition</h2> 
The Securities and Exchange Commission’s recent attack on <a href="https://en.coin-turk.com/binance-to-move-significant-btc-volume-calls-for-calm/" data-wpel-link="internal">Binance</a> has contributed to the “boring” market sentiment, according to the analyst. Van de Poppe believes that the FTX incident triggered this process, prompting regulators to take a tougher stance against the crypto industry.&nbsp; 
Considering the U.S. government’s determination to regulate the markets and establish a new framework, Van de Poppe expects a continued reaction from the markets. “Ultimately, many projects may leave the markets for not complying with the US’s KYC AML framework,” he warns.&nbsp; 
There has been much debate about whether Ethereum is a security, particularly following SEC Chairman Gary Gensler’s labeling everything other than Bitcoin as a “security”. Van de Poppe defends that Ethereum and Bitcoin are commodities, not securities.&nbsp; 
<img decoding="async" loading="lazy" class="aligncenter wp-image-85462 size-full" src="https://en.coin-turk.com/wp-content/uploads/2023/06/vandepoppe.png" alt="" width="1326" height="822" srcset="https://en.coin-turk.com/wp-content/uploads/2023/06/vandepoppe.png 1326w, https://en.coin-turk.com/wp-content/uploads/2023/06/vandepoppe-274x170.png 274w, https://en.coin-turk.com/wp-content/uploads/2023/06/vandepoppe-768x476.png 768w, https://en.coin-turk.com/wp-content/uploads/2023/06/vandepoppe-1200x744.png 1200w" sizes="(max-width: 1326px) 100vw, 1326px"> 
Discussing altcoins that could rise, Van De Poppe notes that the recent meme coin frenzy, in which Pepe Coin and Milady Coin gained over 1000% in value, was merely short-term hype. He suggests that as XRP Coin continues to rise, DOGE will follow, and the meme coin may have hit bottom.&nbsp; 
<h2 style="text-align: justify" id="altcoins-that-could-rise">Altcoins That Could Rise</h2> 
Van De Poppe also hinted at a possible DeFi summer and the resulting momentum gain of old coins like XRP and Litecoin.&nbsp; 
Regarding Cathie Wood’s prediction of Bitcoin reaching $1 million by 2030, Van de Poppe believes that the current $1 trillion crypto market valuation, coupled with inflation, could result in a market valuation of $10 to $15 trillion. This implies that a Bitcoin valuation of $400,000 to $450,000 is very plausible.&nbsp; 
Lastly, Van De Poppe implied that DeFi altcoins could perform better than expected in the coming weeks. The senior analyst continues to remain optimistic about the markets.&nbsp; 
The post <a rel="nofollow" href="https://en.coin-turk.com/crypto-analyst-van-de-poppe-shares-market-expectations-amid-regulatory-pressure/" data-wpel-link="internal">Crypto Analyst Van De Poppe Shares Market Expectations Amid Regulatory Pressure&nbsp;</a> appeared first on <a rel="nofollow" href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Crypto Analyst Van De Poppe Shares Market Expectations Amid Regulatory Pressure

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