Binance CEO: Bitcoin Could Benefit from Trade Wars
As geopolitical tensions rise and trade barriers re‑emerge, Bitcoin’s role as a non‑sovereign safe haven may gain fresh relevance. Binance CEO Richard Teng believes that long‑term investors could increasingly view Bitcoin as a shield against policy‑driven volatility and monetary risk.
Economic Instability Could Fuel Bitcoin’s Appeal
In his latest statement, Teng drew attention to the resurgence of global protectionism and how it’s already shaking markets. He compared Bitcoin’s future importance to that of money or the internet–arguing that a decentralized store of value may become even more vital in a fragmented global economy.
Teng noted that while immediate responses to trade news may be negative, the larger picture favors Bitcoin. Heightened volatility may prompt investors to look for alternatives beyond fiat currencies and traditional assets – positioning Bitcoin as a long‑term macro hedge.
Short‑Term Reactions Reflect Broader Market Anxiety
Teng acknowledged that in the short term, trade frictions tend to trigger a cautious, risk‑off sentiment. Investors often scale back exposure as they wait to understand the direction of fiscal policy and global commerce. In such periods, Bitcoin can be reactive–but Teng suggests that its true value lies in weathering uncertainty rather than avoiding it.
Bitcoin Remains Sensitive to Policy Moves
That sensitivity was on full display when BTC briefly surged past $80,000 following speculation that President Trump might suspend tariffs for all but China. The rally faded fast once the White House dismissed the claims, sending the price down to $78,000. This whiplash underscores just how tied Bitcoin’s short‑term path is to geopolitical messaging.
Analyst Forecasts Diverge–But Momentum Builds
Some market analysts now see Bitcoin climbing as high as $150,000 by late 2025–contingent on pro‑crypto legislation and a stable regulatory outlook. Others remain cautious, citing the possibility of a pullback toward $80,000 if supportive policies fail to materialize.
Adding fuel to the bullish camp, Binance has highlighted Bitcoin DeFi as a potential catalyst for the next major rally. With Bitcoin currently trading near $77,559 after a 2,37% daily dip, the question isn’t just about recovery but whether the current cycle is laying the groundwork for something bigger.
