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COINTURK NEWS > Cryptocurrency News > Bitcoin and Altcoin Prospects as Cryptocurrency Faces Challenges
Cryptocurrency News

Bitcoin and Altcoin Prospects as Cryptocurrency Faces Challenges

In Brief

  • Cryptocurrencies face losses due to U.S. tariff uncertainty.

  • Bitcoin remains significant with potential for new peaks.

  • SUI Coin shows hopeful recovery post security incident.

Ömer Ergin
Ömer Ergin 11 months ago
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As the end of May approaches, cryptocurrencies are experiencing losses, facing uncertainties mainly due to President Trump’s inconsistent and strategic tariff announcements. Although he utilizes these as negotiation tools, such strategies risk damaging long-term U.S. credibility. What, then, are the current predictions from experts concerning Bitcoin (BTC) $77,690 and major altcoins?

Contents
Bitcoin (BTC) TrendsSUI and S Coin Dynamics

Bitcoin (BTC) Trends

Even though the short-term sentiment appears negative, this does not change the fact that BTC prices remain in six-digit levels. The overall trend stays bullish, and until the altcoin season arrives, Bitcoin is expected to experience these boring consolidation phases. On a positive note, such consolidation occurs near the peak levels.

Kyle highlights the demand increasing exponentially along with the price, suggesting that achieving higher peaks is not impossible. He notes that despite BTC’s massive growth compared to past cycles, it is still expanding at a similar speed. The historical dip gains from various time periods show formidable growth percentages, despite the substantial size of Bitcoin:

– 2015-2018: +1076%
– 2018-2022: +1007%
– 2022-now: +656%

Despite Bitcoin’s scale, the remaining strong demand to challenge these numbers remains impressive.

SUI and S Coin Dynamics

Fantom’s significant transformation has freed the DeFi sector from fears associated with U.S. regulatory scrutiny. Initiated by DeFi’s pioneer, the project became heavily regulated following the FTX collapse, leaving it orphaned. However, its original founder returned after Trump’s election, leading to the rebranding of FTM Coin to S. This is not indicative of consistent price increases, though. Analyst Ali Martinez predicts a potential decline to $0.4, given a downward break from a triangle pattern.

The Cetus hacking incident no longer affects SUI Coin, with damages set for compensation and on-chain metrics showing signs of normalization. Analyst Poppe remains optimistic about SUI, mentioning its vigorous comeback post-FUD, supported by the increase of its Total Value Locked (TVL) by $300 million to regain a level of $1.8 billion. Poppe believes SUI’s market adoption continues to make it a formidable contender, with price stabilization affirming its stronghold.

Furthermore, SUI is expected to outperform Solana $86 over the next 12 to 24 months, according to Poppe, viewing the current phase as mere consolidation. Under normal conditions, he anticipates a return to prices above $4.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 28 May, 2025 - 10:23 pm 28 May, 2025 - 10:23 pm
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