Here's a quick heads-up! Binance CEO Richard Teng commented on the recent downturn in Bitcoin and altcoins.
Despite the recent price drops, Teng highlighted ongoing investor interest in Bitcoin, citing significant inflows into Bitcoin ETFs totaling $14.7 billion in the past six months. This, he says, underscores strong confidence in Bitcoin and digital assets.
While acknowledging short-term price fluctuations, Teng emphasized the robust long-term prospects of the cryptocurrency industry. He urged investors to focus on these fundamentals rather than being discouraged by temporary declines.
Stay tuned for more crypto insights! 👍
