Binance CEO Says Crypto Not Entering ‘Long-Term Negative Trend’ Despite Sharp Market Correction

The chief executive officer of the world’s largest crypto exchange says that crypto’s latest crash is likely to be short-lived. According to Binance CEO Richard Teng, outside forces are currently shaping the digital asset markets. “Recent sharp drops in crypto & equity prices are influenced by macroeconomic factors. We do NOT believe it’s indicative of […] source: https://dailyhodl.com/2024/08/06/binance-ceo-says-crypto-not-entering-long-term-negative-trend-despite-sharp-market-correction/