<ul><li>Binance CEO, Richard Teng, describes the recent drop in crypto market prices as a 'tactical retreat, not a reversal'.</li><li>Teng believes that crypto markets generally bounce back after major events and exhibit resilience.</li><li>He highlights previous instances such as the temporary dip in Bitcoin below $20,000 during Fed rate hikes in 2022, which was followed by a recovery.</li><li>Teng also mentions the increasing number of crypto ETF filings as a positive sign for the market.</li></ul>

Binance CEO: we’re seeing a “tactical retreat” with crypto “not a reversal”

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