Deep Tide TechFlow news, on November 27, VanEck CEO Jan van Eck stated in a recent interview that the primary reason for the strong rise in the cryptocurrency market is an unprecedented major shift in U.S. government policy. He predicts that the price of Bitcoin is expected to reach $400,000 and emphasized that Trump's potential return to the White House could bring fundamental changes to the cryptocurrency market.
Jan van Eck pointed out that mainstream financial institutions have not yet fully understood the revolution that the cryptocurrency market is about to undergo. He analyzed various market hotspots, from pension funds' aversion to crypto assets to the meme coin phenomenon, and stated that the market will experience several upward cycles.