@Bitcoin has been sliding hard and the world is watching but Binance CEO Richard Teng says the chaos is not unique to crypto. He shared that the sudden swings in Bitcoin are moving in the same rhythm as many major asset classes right now as global markets shake under pressure. Investors are cutting leverage stepping back from risk and pulling money from anything that feels uncertain. Crypto just happens to be caught in the same storm.
Bitcoin dropped more than twenty percent this month after climbing above one hundred twenty six thousand earlier in the year. Teng reminded everyone that even after the fall Bitcoin is still far above its levels from last year during the rush of institutional demand. To him this looks like a natural reset not a collapse. A moment where the market stops catches its breath and remembers what it is standing on.
Teng explained that fear is spreading across world markets fueled by talk of an AI bubble and growing panic over overpriced tech. When big players pull back they do not only leave crypto. They leave everything. So the shock you see in Bitcoin is simply another sign that global investors are bracing for impact.
In Tengs view this phase is painful but necessary. Markets tighten. Weak hands shake out. Strong hands hold firm. After that the foundation becomes clearer and the next move becomes real. Whether this calm turns into recovery will depend on how global markets settle and whether Bitcoin finds its confidence again.
