Binance CEO Richard Teng addressed the impact of trade protectionism on crypto markets. Teng stated that tariff escalation is bringing significant volatility to global markets, and cryptocurrency is no exception. In the short term, macroeconomic uncertainty triggers a flight to safety where investors retreat. However, looking ahead, this environment may accelerate interest in cryptocurrency as a non-sovereign store of value. Many long-term holders continue viewing Bitcoin as a resilient asset during economic pressure.
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