Renowned crypto analyst, Michael Van de Poppe, who is closely monitored by crypto investors, has published his latest market update. As Bitcoin 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? Regulatory Edition The Securities and Exchange Commission’s recent attack on Binance 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. 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. There has been much debate about whether Ethereum is a security, […]
The post Crypto Analyst Van De Poppe Shares Market Expectations Amid Regulatory Pressure appeared first on COINTURK NEWS.