Binance CEO: The recent market downturn does not indicate a long-term negative trend
ChainCatcher news, Binance CEO Richard Teng stated that the recent sharp decline in cryptocurrency and stock prices is influenced by macroeconomic factors. "We believe this does not represent a long-term negative trend."
Due to the potential interest rate cuts by the Federal Reserve and geopolitical turmoil, the likelihood of market volatility remains high.
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