According to BlockBeats, on April 8th, Binance CEO Richard Teng posted that there have been many discussions about tariff escalation recently, and I would like to share my views on the current and long-term impact on the cryptocurrency market.
The resurgence of trade protectionism is causing significant fluctuations in the global market, and cryptocurrency is no exception. In the short term, this macro uncertainty often triggers a risk aversion response, and investors choose to retreat while waiting to observe how growth, policies, and trade develop.
However, in the long run, this environment may also accelerate people's interest in cryptocurrency as a non sovereign store of value. Many long-term holders continue to view Bitcoin and other digital assets as resilient assets in times of economic pressure and policy dynamics