Richard Teng: Market Drops Influenced by Macroeconomic Factors, Not Long-Term Trends

According to Richard Teng, the recent sharp drops in cryptocurrency and equity prices are driven by macroeconomic factors and should not be seen as indicative of a long-term negative trend. He emphasizes that potential Federal Reserve rate cuts and ongoing geopolitical volatility could lead to significant market fluctuations.
SourceRichard Teng
@_RichardTengRichard Teng is Binance CEO