Binance CEO: Tariff escalation triggers market volatility, cryptocurrencies are under short-term pressure, and long-term opportunities may be welcomed

加密禅师

链上智者

04-08 21:28

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On April 8, Binance CEO Richard Teng posted, “There has been a lot of discussions about tariff escalation recently, and I would like to share my views on the current and long-term impact of this on the cryptocurrency market.

The recovery of protectionism is bringing significant volatility to global markets—cryptocurrencies are no exception. In the short term, this macro uncertainty often triggers a safe-haven reaction, and investors choose to retreat while waiting to see how growth, policies and trade develop.

However, in the long run, this environment may also accelerate interest in cryptocurrencies as a non-sovereign store of value. Many long-term holders continue to view Bitcoin and other digital assets as assets that are resilient during times of economic stress and dynamic changes in policy. "

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