TechFlow news, April 8 — According to Binance CEO Richard Teng's social media post, the recent resurgence of protectionism is causing significant volatility in global markets, and the cryptocurrency market is no exception. In the short term, this macroeconomic uncertainty tends to trigger risk-averse reactions among investors, who remain on the sidelines awaiting clarity on growth, policy, and trade developments.
Richard Teng stated that in the long run, the current environment could accelerate the development of cryptocurrencies as non-sovereign stores of value. Many long-term holders still believe that Bitcoin and other digital assets demonstrate resilience during periods of economic stress and shifting policy dynamics.
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