‘Macro uncertainty’ could boost demand for crypto: Binance CEO
The CEO of Binance, Richard Teng, shared his conviction that the growth of macro and American protectionism could ultimately strengthen the case for Bitcoin and other digital assets.
The CEO of Binance, Richard Teng, said that the increase in global uncertainty – partly motivated by renewed American protectionist policies – could ultimately accelerate the adoption of cryptography, even if short -term perspectives remain trembling.
In a job On X, Teng stressed US President Donald Trump Push for new prices As a signal of the rise in protectionism, which, according to him, creates “significant volatility in the world markets”.
Cryptographic markets, he noted, were not spared turbulence.
“This type of macro uncertainty tends to trigger a risk response,” said Teng, referring to investors withdrawn from volatile assets in times of economic and political stress. But on a longer horizon, Teng argued that the same instability could strengthen the call for cryptography.
“Looking further, this environment could also speed up interest in crypto as a non-sovereign value store,” he wrote.
Teng stressed that many long -term holders still see Bitcoin (BTC) and other digital assets as an active resilient during periods of political changes and economic pressure.
Shake against fears of the market
While short -term feeling can remain cautious, Teng’s comments reflect a broader opinion among cryptographic leaders that see the decentralized foundations of the sector as coverage against the growth of geopolitical and budgetary unpredictability.
Donald Trump announcement Prices on the “Liberation Day” have led to significant uncertainty in the world markets and caused considerable volatility.
These prices specifically targeted American trade partner keys, imposing import samples to take advantage of the negotiations. Trump’s strategy is in accordance with its previous trade policies, using economic pressure to achieve more advantageous terms for the American economy.
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