Crypto Market Retreats: Binance CEO Sees Tactical Shift, Not Reversal

The recent drop in the crypto market following US President Donald Trump’s announcement of continued tariffs on Canada and Mexico is a temporary setback, according to Binance CEO Richard Teng. He believes it represents a tactical retreat rather than a structural decline in the cryptocurrency markets. “Crypto has been here before and bounced back even stronger,” Teng stated in a Feb. 25 X post.