Sea February 26, 2025 ▪
4
Min read ▪ by
Faced with the recent drop in the cryptography market, Richard Teng, CEO of Binance, displays the measured optimism. In an analysis published on February 25, he describes this decline as a simple “tactical retreat” and not as a change in fundamental trend, reminding us of the historical resilience of the sector.
Richard Teng analyzes the current drop in the cryptography market
Richard Teng spoke on February 25 on the X platform concerning the current drop in the cryptography market. The CEO of Binance, the largest exchange platform in the world, sought to reassure investors by declaring: ” It is important to consider this as a tactical withdrawal, not a reversal. The cryptocurrencies have already faced this type of situation and have rebounded even stronger. “”
This significant drop comes after the announcement of US President Donald Trump concerning the imminent application of a 25% rate in Canada and Mexico, in a context where macroeconomic conditions influence the cryptography market. This news immediately caused disorder on the financial markets, with a particularly visible impact on digital assets. Bitcoin fell below $ 90,000, reaching $ 88,700 at the time of writing this article, down 3.6% in the last 24 hours.
According to Teng, this reaction is perfectly normal: ” History has shown that cryptocurrency markets react to macroeconomic changes as traditional assets, but they also bounce with remarkable resilience. He also underlines that the prudence adopted by the American federal reserve concerning rate reductions contributes to this temporary volatility.
Solid fundamentals supporting a rebound
Despite the dark atmosphere that currently prevails on the market, Richard Teng highlights several fundamental indicators that suggest a better future. The Crypto Fear and Greed index is currently showing a worrying score of 21 out of 100, indicating an “extreme fear” among investors. However, this situation may not last.
“” What we are witnessing today is a new short -term tactical retreat, far from a structural decline “, Insisted the CEO of Binance. “” Price movements often eclipse what is happening below the surface, but the main engines of the growth of cryptocurrencies remain firmly intact. “”
Among the positive signals, Teng mentions in particular the strong persistent demand for FNB Crypto and the many current applications for new launches in the United States. Since the departure of Gary Gensler de la SEC on January 20, American asset managers have filed FNB requests linked to assets such as XRP, Cardano, Solana and Dogecoin, indicating an increasing institutional interest.
This analysis aligns with that of Bernstein, a financial analysis company which retains its ambitious forecasts of $ 200,000 for Bitcoin on a 12 -month horizon, considering current correction as a strategic purchase opportunity. Their analysts even think that a price less than $ 80,000 would represent a particularly attractive entry point for long -term investors.
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Passionate about Bitcoin, I like to explore the meanders of blockchain and cryptos and share my discoveries with the community. My dream is from Vive Danans a world where private life and financial freedom are guaranteed for everyone, and I closely believe that Bitcoin is the oustil that can make it possible.
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